Zen Technologies Limited has announced a significant change in its corporate structure. Aituring Technologies Private Limited (ATPL), previously a subsidiary of Zen Technologies, has now become an associate company following a private placement of equity shares by ATPL.

Shareholding Dilution

The transition occurred as a result of ATPL's recent private placement of equity shares, which diluted Zen Technologies' ownership stake. While the number of equity shares held by Zen Technologies in ATPL remains unchanged, the company's shareholding has been reduced to 49% of ATPL's total paid-up capital.

Financial Impact

According to the disclosure made by Zen Technologies, ATPL's financial contribution to the parent company was relatively small:

The figures are based on the audited financial statements. Notably, ATPL did not contribute any income to Zen Technologies during the last financial year.

Regulatory Compliance

Zen Technologies made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company has submitted detailed disclosures to both the National Stock Exchange of India Limited and BSE Limited.

Management Statement

Sourav Dhar, Company Secretary & Compliance Officer of Zen Technologies, signed off on the regulatory filing, ensuring transparency in communicating this corporate development to shareholders and regulatory bodies.

This strategic shift in Zen Technologies' relationship with ATPL marks a notable change in the company's corporate structure. While ATPL's financial contribution to Zen Technologies has been minimal, the long-term implications of this transition from subsidiary to associate company remain to be seen.

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which was in a category similar to Zen's existing intellectual property in combat training simulation technology, was revoked on August 6, 2025, following a post-grant opposition filed by Zen in October 2023.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.