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Zen Technologies Ltd.

BSE: 533339 Sector: IT
NSE: ZENTEC ISIN Code: INE251B01027
BSE 00:00 | 24 Apr 2020 Zen Technologies Ltd
NSE 05:30 | 01 Jan 1970 Zen Technologies Ltd

Zens Promoter Pledge Released

February 7, 2020, 7:19 pm | Source: BSE

Zen only Promoters Pledge given to TDB Govt. of India has been released.

In the year 2013 the company availed a loan for Rs 11.60 Crs from Technology Development Board (TDB) Government of India towards Development of UAV Simulator. Mr. Ashok Atluri Promoter had pledged 1.50 Crore equity shares in favour of TDB. The total loan amount was fully paid and the charge has been completely satisfied. Consequently the promoters pledge has been released by TDB.

As on date the entire Promoter & Promoters Group holding in the company stands pledge-free.

The above information is also available on the website of the Company: www.zentechnologies.com.

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