Zen Technologies Limited

ZENTEC

INE251B01027

Aerospace & Defense

Market Closed - Bombay S.E. Other stock markets 06:14:44 2024-04-26 am EDT			5-day change	1st Jan Change
1,017 ^INR	-0.81%		+3.44%	+27.69%

Feb. 24	Zen Technologies Limited agreed to acquire 51% stake in AiTuring Technologies Private Limited for INR 38.7 million.	CI
Feb. 21	Zen Technologies Secures Government Order Worth INR930 Million	MT

Zen Technologies Limited agreed to acquire 51% stake in AiTuring Technologies Private Limited for INR 38.7 million.

February 23, 2024

Zen Technologies Limited (BSE:533339) agreed to acquire 51% stake in AiTuring Technologies Private Limited for INR 38.7 million on February 24, 2024. AiTuring will become a subsidiary of Zen upon acquisition. The board of Zen Technologies approved the transaction.

The transaction is expected to close within 6 months.

Latest news about Zen Technologies Limited

Zen Technologies Limited agreed to acquire 51% stake in AiTuring Technologies Private Limited for INR 38.7 million.	Feb. 23	CI
Zen Technologies Secures Government Order Worth INR930 Million	Feb. 21	MT
Zen Technologies Limited Receives Order Worth of INR 930 Million for Tactical Training Simulators	Feb. 21	CI
India's HAL posts higher quarterly profit on aircraft demand, inventory gain	Feb. 12	RE
India's BEML posts marginal jump in Q3 pre-tax profit on higher expenses	Feb. 08	RE
Zen Technologies Limited Announces Retirement of Amreek Singh Sandhu as Independent Director	Feb. 02	CI
Zen Technologies Limited Approves the Appointment of Sanjay Vijay Singh Jesrani as Non-Executive and Independent Additional Director	Jan. 27	CI
Zen Technologies Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Jan. 27	CI
Zen Technologies Plans to Set Up New Manufacturing Unit in Goa, India	Nov. 24	MT
Zen Technologies Limited Plans to Expand Its Operations with A New Research and Development (R&D) and Manufacturing Facility in Goa, India	Nov. 24	CI
Zen Technologies Gets INR420 Million Order	Nov. 19	MT
Zen Technologies Limited Wins an Export Order of INR 420 Million	Nov. 18	CI
Zen Technologies Limited Provides Earnings Guidance for the Year 2023	23-10-28	CI
Zen Technologies Limited Approves Establishment of Representative / Branch Office	23-10-28	CI
Zen Technologies Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	23-10-28	CI
Zen Technologies Bags Order for Tank Training System from Indian Defense Ministry	23-10-26	MT
Zen Technologies Limited Secures Order from Ministry of Defence for Advanced Tank Training System	23-10-25	CI
Zen Technologies Bags INR2.3 Billion Order from Indian Defense Ministry	23-09-22	MT
Zen Technologies Limited Receives Order Worth of INR 2,276.5 Million from Ministry of Defence, Govt. of India	23-09-22	CI
Zen Technologies Limited(BSE:533339) added to S&P Global BMI Index	23-09-18	CI
Zen Technologies Bags INR1.23 Billion Order from Indian Defense Ministry	23-09-04	MT
Zen Technologies Limited Wins Order from the Ministry of Defense, Government of India	23-09-04	CI
Zen Technologies Bags Contract Worth INR723 Million	23-08-30	MT
Zen Technologies Limited Secures Order from Ministry of Defence	23-08-30	CI
Zen Technologies Limited Receives Order from Ministry of Defence Government	23-08-12	CI

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Company Profile

Zen Technologies Limited is an India-based company that designs, develops, and manufactures defense training systems, based on sensors and simulators technology. The Companyâs category of products includes land-based military training simulators, driving simulators, live range equipment and anti-drone systems. The Company also has a training platform in Hyderabad, with an integration of its complete product range. Its Anti-Drone System (ZADS) system works on drone detection, classification and tracking on passive surveillance, camera sensors and neutralization of threat by jamming drone communication. Its live ranges include Air-To-Ground Firing Range Scoring System, Tank Zeroing System, Multi-Functional Target System, Shootedge (CSWS), Hand Grenade Simulator (HE36S), Containerized Tubular Shooting Range, Containerized Indoor Shooting Range, and Smart Target System (Zen STS)-LOMAHT. Its virtual simulation includes Uav Mission Simulator (UAV Sim) and Rotary Wing Simulator (RWS).

Sector

Aerospace & Defense

Calendar

2024-05-05 - Q4 2024 Earnings Release (Projected)

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