Mumbai, Aug. 12 -- Zen Technologies Limited informed stock exchanges on 10 August 2026 that it has received an order from the Ministry of Defence, Government of India, for the supply of simulators. The aggregate consideration is Rs 2.95 billion (Rs 295 crores) including GST and the disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Regulations. The filing attached an annexure detailing that the order is domestic in nature and concerns the supply of simulators to a government entity. The disclosure followed the format prescribed by the stock exchanges.
The company indicated that the order is to be executed within one year and that neither the promoter nor promoter group has any interest in the awarding entity. The filing stated that the transaction does not constitute a related party transaction and that execution timelines have been specified in the contract. The company provided the information under the compliance framework prescribed for listed entities. The filing contained standard contract particulars and timelines.
The submission included identifiers used for trading, stating the equity shares are listed under the symbol ZENTEC on the National Stock Exchange and under scrip code 533339 on the BSE, and that the disclosure was addressed to both exchanges. The disclosure was signed by the company secretary and compliance officer, who was named in the filing. The company provided the announcement for regulatory record and public information. The identifiers assist investors and regulators in tracking the announcement.
The notice completes the regulatory communication required under SEBI norms and gives a public account of a material order received from a government department. No related party involvement was reported and the contract value was passed through in the exchange filing. The information was provided for investor awareness and regulatory compliance. The company completed the submission through its compliance office.
Published by HT Digital Content Services with permission from Construction World.