India, Oct. 19 -- The board of Zen Technologies at its meeting held on 17 October 2026 has approved the acquisition by the Company of a 51.98% stake, on a fully diluted basis, in Cogknit Semantics, for an aggregate cash consideration not exceeding Rs. 135.15 crore.The acquisition extends the Company's defence portfolio into battlefield management systems. The Target Company is a developer of indigenous, AI-enabled battlefield management and situational-awareness systems. Its capability complements the Company's defence training, simulation and anti-drone businesses. The Target Company's business is in the defence sector, which is within the Company's main line of business.
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