Zen Technologies, India's leading defence technology company, has been granted an arms manufacturing licence by the Government of India, under the Arms Act, 1959.
The licence authorises the Company to manufacture 12.7mm, 23mm, 30mm, and 40mm cannons, critical weapon systems with strong applicability in Air Defence, naval operations and Counter-Unmanned Aircraft System (C-UAS) roles. These rapid-fire cannons serve as highly effective last-layer defence solutions against drones, loitering munitions, and low-flying aerial threats.
Additionally, when integrated with advanced fire-control systems, radar, electrooptical/infrared (EO/IR) sensors, and programmable ammunition, these systems provide highly responsive, accurate, and cost-effective protection for strategic assets, armoured formations, border areas, and critical infrastructure.
This marks a decisive step forward in advancing India's indigenous defence manufacturing ecosystem under the IDDM framework. Against the backdrop of ongoing global conflicts, where drones, loitering munitions, and asymmetric aerial threats are increasingly prevalent, these systems equip Zen Technologies to address emerging battlefield challenges with Indiacentric, cost-effective air defence solutions.
Shares of Zen Technologies Limited was last trading in BSE at Rs. 1614.35 as compared to the previous close of Rs. 1525.75. The total number of shares traded during the day was 140153 in over 8782 trades.
The stock hit an intraday high of Rs. 1641.00 and intraday low of 1518.55. The net turnover during the day was Rs. 222301178.00.