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GSA taps 80 small businesses for IT GWAC

The General Services Administration recently released the list of pre-awarded, or apparently successful, offerors in the $15 billion Alliant 2 Small Business governmentwide acquisition contract. ....

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Zensar Technologies Ltd arm to divest stake in Aquila Technology Corp

Zensar Technologies Ltd arm to divest stake in Aquila Technology Corp
Posted On:
2021-02-25 08:49:31
(Time Zone: Arizona, USA)
The Board of Directors ( Board ) of Zensar Technologies Limited (the Company ) at its meeting held on February 25, 2021, has consented and authorised its wholly owned subsidiary, Zensar Technologies Inc. (a material subsidiary), to divest 100% of its equity shareholding, held by it in Aquila Technology Corp. ( proposed divestment ), subject to approval of relevant statutory, regulatory and/or governmental authority(ies), as may be required.
Zensar Technologies Inc. holds 100% of equity in Aquila Technology Corp ( Aquila ). PSI Holding Group Inc ( PSI ) a wholly owned subsidiary of Zensar Technologies Inc. was holding 100% of equity in Aquila till 31 October 2019. Effective November 2019, PSI distributed the stock of Aquila to Zensar Technologies Inc., pursuant to which Zensar Technologies Inc. holds 100% of equity in Aquila. ....

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