Zensar CEOJoining hands for bigger impactBENGALURU: Zensar Technologies is said to be close to acquiring Mastek in an $850–$900 million stock-and-cash deal. The negotiations between Pune-based Zensar and Mumbai-based Mastek are nearing the finish line, sources told TOI. When TOI contacted Zensar, the company said it does not comment on market rumours and speculation. As a listed company, Mastek adheres to strict disclosure norms and regulatory requirements. “The merged company will give Zensar more scale and access to a new set of Mastek clients.

Source: The Times February 03, 2026 04:57 UTC