Hyderabad, November 3, 2025: Zen Technologies Limited (NSE: ZENTEC, BSE: 533339) has secured two significant contract awards from the Ministry of Defence, worth a combined ₹289 crore, to upgrade its Rapid Anti-Drone Systems (ADS). The contracts, announced today, will enhance both hardware and software capabilities of the company’s anti-drone technology and are expected to be completed within a year.
The upgrades come in response to operational feedback from missions like Op Sindoor, highlighting the growing importance of indigenous defence solutions. The projects align with the government’s “Atmanirbhar Bharat” initiative, which promotes Indigenously Designed, Developed and Manufactured (IDDM) systems. This move underscores India’s push to reduce reliance on foreign defence technology, mitigating risks associated with export controls and ensuring faster response times during crises.
“Recent operations have underscored the critical need for rapid innovation in Indian defence systems,” said Ashok Atluri, Chairman and Managing Director of Zen Technologies. “Developing indigenous technologies is not just a strategic imperative but a necessity to stay ahead of evolving drone and cyber threats.”
The company, headquartered in Hyderabad, is a leader in defence training and anti-drone solutions, with over 180 patents filed and more than 1,000 training systems deployed globally. Recognised by the Ministry of Science and Technology for excellence in R&D, Zen Technologies is part of the Nifty Smallcap 250 Index and continues to shape India’s defence innovation landscape.
In response to the contract announcement, the company’s share price surged over 4%, reaching ₹1,412.60 at 11:43 am IST. The stock opened at ₹1,357.20 and touched a high of ₹1,446.10 before settling at a low of ₹1,395.00 during the session. A total of 5.68 lakh shares were traded, bringing the company’s market capitalisation to ₹12,656 crore. The stock’s 52-week range stands between ₹945.35 and ₹2,627.00.
This development marks a pivotal moment for India’s defence sector, reinforcing the importance of self-reliance in critical defence technologies. As Zen Technologies continues to innovate, its contributions will play a vital role in shaping the future of India’s national security infrastructure.