ZEN Technologies Secures Domestic Order of ₹ 177.5 Crores from Ministry of Defence
Zen Technologies Ltd has secured a significant order worth ₹ 177.5 crores (including GST) from the Ministry of Defence, Government of India. The contract relates to the upgradation and integration of Tank and Crew Gunnery Simulators for the Ministry of Defence.The agreement with the government entity confirms Zen Technologies' involvement in critical defense technology projects. The total aggregate value of the order stands at ₹ 177.5 crores and is set to be executed within a year.
This domestic contract falls under the category of upgradation and integration of Tank and Crew Gunnery Simulators, awarded by the Ministry of Defence, Government of India.
Contract Details
The details regarding this order from the Ministry of Defence are summarized below:| Particulars | Details |
|---|---|
| Awarding Entity | Ministry of Defence, Government of India |
| Nature of Work | Upgradation and integration of Tank and Crew Gunnery Simulators |
| Order Value | ₹ 177.5 crores (including GST) |
| Origin | Domestic Entity |
| Timeline | The order will be executed within a year |
The transaction is noted to not involve the promoter or any of its group companies, nor does it constitute a related party transaction.
ZENTEC Stock Price Movement
Zen Technologies Limited shares are edging higher to ₹1802 as of 2:40 PM today, marking a robust gain of 2.98%. The stock traded with significant volume in the live market, reaching a daily high of ₹1807.8 while trading well above its intraday low of ₹1742.3.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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