Mumbai, July 21 -- The contract pertains to the upgradation and integration of tank and crew gunnery simulators for the Ministry of Defence. The order is scheduled to be executed within one year.

The company clarified that the order does not constitute a related-party transaction and that neither its promoters nor members of the promoter group have any interest in the award of the contract.

Zen Technologies provides defence training and anti-drone solutions. It builds training systems for imparting defence training and measuring the combat readiness of security forces. With a dedicated R&D (recognised by the Ministry of Science and Technology, Government of India) and production facility in Hyderabad, the company has applied for over 18...