Zen Technologies Secures ₹289 Crore Order for Anti-Drone System Enhancements

1 min read     Updated on 03 Nov 2025, 08:08 AM
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Jubin VergheseScanX News Team
Overview

Zen Technologies has received a ₹289 crore order from India's Ministry of Defence to upgrade Anti-Drone Systems. The contract, to be completed within a year, emphasizes the importance of indigenous defense technology. The upgrades are based on operational feedback, showcasing the agility of Indian-made systems. The order highlights advantages of indigenously designed, developed, and manufactured (IDDM) solutions, including swift adaptation, enhanced security, and operational control.

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Zen Technologies , a leading player in defense training and anti-drone solutions, has secured a significant order worth ₹289 crore from the Ministry of Defence, Government of India. The contract focuses on upgrading the company's Anti-Drone Systems (ADS), highlighting the growing importance of indigenous defense technology in India's security landscape.

Key Highlights of the Order

Aspect Detail
Contract Value ₹289.00 crore (including GST)
Project Scope Upgradation of Anti-Drone Systems
Completion Timeline Within one year
Client Ministry of Defence, Government of India

Strategic Importance of Indigenous Defense Systems

The order underscores the critical need for indigenously designed, developed, and manufactured (IDDM) defense solutions. Zen Technologies' ability to secure this contract demonstrates the strategic advantage of homegrown defense capabilities, especially in rapidly evolving threat scenarios.

Operational Feedback and Rapid Response

The upgrades are a direct result of operational feedback from frontline missions, including Operation Sindoor. This highlights the agility of Indian-made systems in adapting to emerging threats, a crucial factor in modern warfare.

Advantages of IDDM Solutions

  1. Swift Adaptation: Ability to quickly modify both hardware and software based on real-world operational needs.
  2. Security: Reduced risk of hardware compromise and software malware, addressing concerns raised by global incidents like the Pager attack and Stuxnet malware.
  3. Operational Control: Complete command over all system components, from physical hardware to embedded software.
  4. Future-Readiness: Capability to continually modernize systems to counter evolving threats such as drone swarms and AI-enhanced capabilities.

Management Commentary

Mr. Ashok Atluri, Chairman and Managing Director of Zen Technologies, emphasized the importance of IDDM solutions, stating, "Buying Indian-designed, developed and manufactured products is not an option, it's a requirement for survival as drone and cyber threats keep evolving. Zen Technologies is committed to ensuring India is always one step ahead."

Company Overview

Zen Technologies Limited is a pioneer in providing state-of-the-art defense training and anti-drone solutions. With a dedicated R&D facility recognized by the Ministry of Science and Technology, Government of India, the company has applied for over 180 patents and has shipped more than 1,000 training systems worldwide.

This order reaffirms Zen Technologies' position as a key player in India's defense technology sector and underscores the nation's commitment to strengthening its indigenous defense capabilities.

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Zen Technologies CFO Afzal Malkani Resigns, Independent Director Dr. Ajay Kumar Singh's Tenure Ends

1 min read     Updated on 02 Nov 2025, 01:52 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

Zen Technologies, a defense training simulation company, has announced two key management changes. CFO Afzal Harunbhai Malkani has resigned effective November 30, 2025, to pursue other opportunities. Independent Director Dr. Ajay Kumar Singh's tenure concludes on November 2, 2025, upon completion of his second consecutive term. The company has not yet announced replacements for these positions.

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

Zen Technologies , a prominent player in the defense training simulation sector, has announced significant changes in its top management and board composition. The company has disclosed two key developments: the resignation of its Chief Financial Officer (CFO) and the completion of tenure for an Independent Director.

CFO Resignation

Mr. Afzal Harunbhai Malkani, who has been serving as the Chief Financial Officer and Key Managerial Personnel of Zen Technologies, has submitted his resignation. According to the company's filing with the stock exchanges:

  • Resignation Date: November 2, 2025
  • Effective Date: Close of business hours on November 30, 2025
  • Reason: To pursue better opportunities and career prospects

In his resignation letter, Malkani expressed gratitude to the Managing Director and Board of Directors for the opportunity and guidance received during his tenure. He has committed to completing all handover formalities by his last day of service.

Independent Director's Tenure Completion

Simultaneously, Zen Technologies announced the completion of Dr. Ajay Kumar Singh's tenure as an Independent Director. Key details include:

  • Name: Dr. Ajay Kumar Singh (DIN: 08532830)
  • Cessation Date: November 2, 2025
  • Reason: Completion of second consecutive term as an Independent Director

The Board of Directors and Management have placed on record their appreciation for Dr. Singh's valuable contributions and guidance during his association with the company.

Impact and Next Steps

These changes in the company's leadership structure come at a crucial time for Zen Technologies. The departure of a key financial executive and an experienced board member may pose challenges in terms of continuity and expertise. However, it also presents an opportunity for the company to bring in fresh perspectives and potentially realign its strategic direction.

Zen Technologies has not yet announced replacements for either position. Investors and stakeholders will likely be keen to see how the company manages this transition and who it appoints to these critical roles.

Position Name Status Effective Date
Chief Financial Officer Afzal Harunbhai Malkani Resigned November 30, 2025
Independent Director Dr. Ajay Kumar Singh Tenure Completed November 2, 2025

As Zen Technologies navigates these changes, the market will be watching closely for any impacts on the company's financial management and corporate governance. The company's ability to smoothly transition these roles will be crucial in maintaining investor confidence and operational stability.

Historical Stock Returns for Zen Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+3.88%+5.22%-5.22%+2.29%-24.41%+1,905.41%
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