Zen Technologies Secures Victory in Patent Revocation Case

1 min read     Updated on 08 Aug 2025, 12:06 AM
scanxBy ScanX News Team
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Overview

Zen Technologies successfully revoked a patent granted to individuals associated with MAG5 Innovations Private Limited on August 6, 2025. The revoked patent was in a category similar to Zen's existing combat training simulation technology. This legal victory followed a post-grant opposition filed by Zen in October 2023. The company has applied for over 172 patents and operates a dedicated R&D facility in Hyderabad. Zen Technologies has shipped more than 1,000 training systems globally over its 30-year history, specializing in defense training and anti-drone solutions.

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*this image is generated using AI for illustrative purposes only.

Zen Technologies , a leading provider of defense training and anti-drone solutions, has successfully secured the revocation of a patent originally granted to individuals associated with MAG5 Innovations Private Limited. The patent, which was in a category similar to Zen's existing intellectual property in combat training simulation technology, was revoked on August 6, 2025, following a post-grant opposition filed by Zen in October 2023.

Patent Revocation Details

The revoked patent, initially granted in April 2023, was challenged by Zen Technologies through a post-grant opposition process. This legal victory underscores Zen's commitment to protecting its intellectual property and maintaining its position as a pioneer in simulation-based defense training.

Implications for Zen Technologies

A spokesperson from Zen's Intellectual Property team stated, "This decision is a significant affirmation of Zen's pioneering work in simulation-based defence training. We remain dedicated to protecting our proprietary technologies that are central to our leadership in this domain."

The revocation reinforces Zen's status as an IP-rich defense technology company and is expected to bolster shareholder and stakeholder confidence in the company's long-term innovation roadmap and patent-backed product portfolio.

Zen's Intellectual Property Portfolio

Zen Technologies has demonstrated a strong focus on innovation and intellectual property protection:

  • Applied for over 172 patents
  • Operates a dedicated R&D facility in Hyderabad, recognized by the Ministry of Science and Technology, Government of India
  • Shipped more than 1,000 training systems globally over 30 years of operations

Company Background

Zen Technologies Limited is a pioneer in providing state-of-the-art defense training and anti-drone solutions. With over three decades of experience in fielding realistic combat training solutions to armed forces worldwide, the company continuously updates its portfolio to address emergent threats.

The company's expertise extends to developing strategic solutions tailored to the specific needs of End Users, Ministries of Interior, and Ministries of Defence, including customized training programs aligned with the requirements of the U.S. Army and U.S. Department of Defense.

This patent revocation victory further solidifies Zen Technologies' position in the defense technology sector and demonstrates its commitment to innovation and intellectual property protection.

Historical Stock Returns for Zen Technologies

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+0.48%-2.01%-25.98%-13.70%-12.83%+2,036.56%
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Zen Technologies Files for Promoter Reclassification, Reports QIP Fund Utilization

1 min read     Updated on 30 Jul 2025, 11:10 PM
scanxBy ScanX News Team
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Overview

Zen Technologies filed for promoter reclassification and reported on its QIP fund utilization. The company raised Rs 1,000 crores through QIP, utilizing Rs 57.11 crores in Q2 2025 for working capital and inorganic growth. Strategic acquisitions include stakes in TISA Aerospace and Vector Technics. Unutilized funds of Rs 352.29 crores are deployed in fixed deposits across various banks.

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*this image is generated using AI for illustrative purposes only.

Zen Technologies Limited , a prominent player in the aerospace and defence sector, has recently made significant corporate moves and reported on its fund utilization from a recent Qualified Institutional Placement (QIP).

Promoter Reclassification Application

The company has filed an application to reclassify Mr. Ravi Kumar Midathala from the 'Promoter' category to the 'Public' category of shareholders. This move follows board approval and is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The application was submitted to both the BSE Limited and the National Stock Exchange of India Limited on July 30, 2025.

QIP Fund Utilization

Zen Technologies has also submitted its QIP monitoring report for the quarter ended June 30, 2025, prepared by CRISIL Ratings Limited. The report provides insights into the utilization of funds raised through the QIP:

  • Total Funds Raised: The QIP raised Rs 1,000.00 crores, with net proceeds of Rs 979.51 crores.
  • Utilization in Q2 2025: During the quarter, the company utilized Rs 57.11 crores of the proceeds.
    • Rs 37.72 crores for working capital requirements
    • Rs 15.36 crores for inorganic growth initiatives

Strategic Acquisitions

As part of its inorganic growth strategy, Zen Technologies has made significant acquisitions:

  1. TISA Aerospace Private Limited:

    • Acquired 4,00,000 Compulsory Convertible Debentures (CCDs) for Rs 405.82 lakhs
    • Purchased 54.67% of TISA's equity (206,518 shares) for Rs 249.80 lakhs
  2. Vector Technics Private Limited:

    • Paid Rs 879.99 lakhs as first and second call money for 8,143 equity shares
    • Now holds 51% of Vector's equity share capital

Fund Deployment

The unutilized proceeds of Rs 352.29 crores have been strategically deployed:

Bank Instrument Amount (Rs in crores) Maturity Date Return (%)
ICICI Bank Fixed Deposit 100.00 29-08-2025 7.83
Axis Bank Fixed Deposit 102.00 29-08-2025 7.61
Axis Bank Fixed Deposit 149.00 29-08-2025 7.61

The monitoring agency reported no deviations from the stated objects of the QIP issue.

Zen Technologies' strategic moves, including the promoter reclassification and the prudent utilization of QIP funds for working capital and acquisitions, demonstrate the company's focus on growth and corporate governance. The investments in TISA Aerospace and Vector Technics align with its inorganic growth strategy, potentially strengthening its position in the aerospace and defence sector.

Historical Stock Returns for Zen Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.48%-2.01%-25.98%-13.70%-12.83%+2,036.56%
Zen Technologies
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