Zen Technologies has been awarded a significant order from the Ministry of Defence, Government of India, valued at approximately ₹108 crore (including GST). The order pertains to the supply of simulators. This new contract will positively impact the company’s revenue and strengthens its position as a key supplier to the Indian defence sector.
Significant Defence Contract Awarded
Zen Technologies has received a substantial order from the Ministry of Defence, Government of India. The contract is valued at approximately ₹108 crores, inclusive of GST.
Order Details
The order is for the supply of Simulators. The project is domestic. Zen Technologies plans to execute this order within a year. There is no interest of promoter or group companies in the entity that awarded the order. Also, this order does not fall under the related party transactions.
Source: BSE
