Kotak Mahindra Capital Company Limited has informed the Exchange regarding a Public Announcement issued in accordance with the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended. The Buyback Offer: Zensar Technologies Limited ("the Company") hereby announces the buy back ("Buyback") of 2,424,000 fully paid-up equity shares of the face value Rs. 10/- each ("Shares") from the existing owners of the Shares of the Company through a tender offer, in accordance with Section 77A, 77AA, 77B of the Companies Act, 1956 ("Act"), the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended ("Regulations"), the relevant provisions of the Memorandum of Association and Articles of Association of the Company and subject to such other approvals, permissions and sanctions as may be necessary, at a price of Rs. 165/- per Share ("Buyback Price") payable in cash, for an aggregate amount of Rs. 399,960,000/- (Rupees Thirty Nine Crores Ninety Nine Lacs and Sixty Thousand only) ("Buyback Size"). The Buyback size represents up to 16.01% of the aggregate of the Companys total paid-up equity share capital and free reserves as on March 31, 2009. The aggregate number of Shares to be bought back by the Company under the Buyback is 2,424,000, which is not more than 25% of the Companys total paid up equity shares as on March 31, 2009, being the date of the last Audited Balance Sheet of the Company prior to the shareholder resolution dated September 29, 2009 approving the Buyback. The Buyback Opens on November 16, 2009 and Closes on November 30, 2009. A copy of the Public Announcement - Buyback of Shares shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).