ZEN Technologies saw its shares move more than 2% higher in early trade after the company reported that it has received new defence orders valued at ₹120 crore, inclusive of GST. As of 9:18 AM, the shares were trading 1.37% higher at Rs 1,393.60.
The Ministry of Defence (MoD), Government of India, awarded the contracts as part of its broader push to upgrade and expand the country’s military training infrastructure.
In its exchange filing under Regulation 30 of SEBI’s LODR framework, the company noted that the order includes the supply of an advanced Comprehensive Training Node. This package features a range of next-generation training simulators and equipment aimed at improving combat readiness and operational efficiency for defence personnel. ZEN Technologies remains one of the key domestic players in the military simulation and training systems segment, and the latest contract further strengthens its visibility in the defence modernisation cycle.
The company stated that the project is expected to be completed within a year. It also confirmed that neither the promoters nor the promoter group have any interest in the awarding authority, and the transaction does not qualify as a related-party deal.
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