Aerospace & Defence Company Secures Rs 177.5 Crore Ministry of Defence Order; Share Price Jumps 4%

Zen Technologies received a Rs 177.5 crore order from the Ministry of Defence for upgradation and integration of Tank and Crew Gunnery Simulators.

The order will be executed within one year.

The contract is awarded by a domestic entity and is not a related-party transaction.

Zen Technologies' share price rose 3.94% to Rs 1,818.70 following the announcement.

The order strengthens Zen Technologies' position in India's defence training and simulation industry.