Zen Technologies Wins Rs 404 Crore Defence Order for Anti-Drone Systems and Simulators

Zen Technologies secured a Rs 404 crore order from the Ministry of Defence, comprising Rs 332 crore for anti-drone systems and Rs 72 crore for training simulators and related equipment. The contract, to be completed within a year, highlights the company's role in India's defence modernization. The announcement led to a share price increase of over 9%. Zen Technologies confirmed no promoter involvement in the awarding authority and emphasized regulatory compliance. The order strengthens the company's near-term revenue outlook.