Latest news with #ZenTechnologies
Business Upturn
2 days ago
- Business
- Business Upturn
Zen Technologies acquires 76% stake in TISA Aerospace, makes it a subsidiary
By Aditya Bhagchandani Published on July 1, 2025, 17:28 IST Zen Technologies Limited has announced the successful acquisition of a 76% equity stake in TISA Aerospace Private Limited, making TISA its subsidiary. The company disclosed the development in a stock exchange filing on July 1, 2025. As part of the transaction, Zen Technologies acquired 2,06,518 equity shares of TISA Aerospace and also purchased 4,00,000 6% Compulsory Convertible Debentures (CCDs) from an existing CCD holder. Following this, TISA's board approved the allotment of an additional 3,35,806 equity shares to Zen Technologies upon conversion of these CCDs. The company confirmed that the requisite regulatory disclosures under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, were already made in its earlier filing dated June 21, 2025. This strategic acquisition is expected to strengthen Zen Technologies' position in the aerospace and defense solutions space. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
3 days ago
- Business
- Time of India
Zen Technologies shares gain over 3% after securing Indian patent in defence tech
Technical Overview & Valuation Check: Zen Technologies Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Zen Technologies gained 3.5% on Monday to the day's high of Rs 1,992 after the company announced the grant of its 54th Indian patent The newly awarded patent, titled 'Single ILU Long Pass Filter,' represents a notable advancement in laser-based military training systems and reinforces Zen's growing footprint in defence technology . With this addition, the company's total global patent count has reached 82, highlighting its strong focus on indigenous R&D and innovation in defence simulation The patented technology enables the integration of visible and infrared laser beams into a single, stable output, enhancing the accuracy and realism of combat training simulators . Compared to traditional systems that rely on separate beams and are often prone to alignment issues and high maintenance, Zen's compact design promises greater durability and reduced recalibration needs, especially in rugged field breakthrough strengthens Zen's portfolio of advanced training solutions, supporting the Indian armed forces and global defence clients with state-of-the-art simulation capabilities. The market responded positively to the development, with investors viewing the patent as a value-add in Zen's long-term growth a valuation standpoint, the stock is currently trading at a Price-to-Earnings (PE) ratio of 61.99 and a Price-to-Book (PB) ratio of 10.01, indicating a premium valuation likely driven by its strong growth potential and innovation the technical front, Zen is exhibiting a bullish trend based on moving averages. The stock is trading above 6 out of 8 key Simple Moving Averages (SMAs), including longer-term indicators, reflecting underlying strength. It is marginally below the 20-day and 30-day SMAs, which may be watched for short-term trend confirmation.
Economic Times
3 days ago
- Business
- Economic Times
Zen Technologies shares gain over 3% after securing Indian patent in defence tech
Shares of Zen Technologies gained 3.5% on Monday to the day's high of Rs 1,992 after the company announced the grant of its 54th Indian patent. ADVERTISEMENT The newly awarded patent, titled 'Single ILU Long Pass Filter,' represents a notable advancement in laser-based military training systems and reinforces Zen's growing footprint in defence technology. With this addition, the company's total global patent count has reached 82, highlighting its strong focus on indigenous R&D and innovation in defence simulation. The patented technology enables the integration of visible and infrared laser beams into a single, stable output, enhancing the accuracy and realism of combat training simulators. Compared to traditional systems that rely on separate beams and are often prone to alignment issues and high maintenance, Zen's compact design promises greater durability and reduced recalibration needs, especially in rugged field conditions. This breakthrough strengthens Zen's portfolio of advanced training solutions, supporting the Indian armed forces and global defence clients with state-of-the-art simulation capabilities. The market responded positively to the development, with investors viewing the patent as a value-add in Zen's long-term growth a valuation standpoint, the stock is currently trading at a Price-to-Earnings (PE) ratio of 61.99 and a Price-to-Book (PB) ratio of 10.01, indicating a premium valuation likely driven by its strong growth potential and innovation the technical front, Zen is exhibiting a bullish trend based on moving averages. The stock is trading above 6 out of 8 key Simple Moving Averages (SMAs), including longer-term indicators, reflecting underlying strength. It is marginally below the 20-day and 30-day SMAs, which may be watched for short-term trend confirmation. (You can now subscribe to our ETMarkets WhatsApp channel)
Business Upturn
3 days ago
- Business
- Business Upturn
Zen Technologies shares jump 3% as it secures patent for laser-based combat training filter
By Aman Shukla Published on June 30, 2025, 10:34 IST Zen Technologies' stock rose over 3% in morning trade after the company announced the grant of its 54th Indian patent—an innovation that could significantly shape the future of military training systems. The newly granted patent, titled 'Single ILU Long Pass Filter,' is a breakthrough in the use of laser-based simulation technology. This patent also marks Zen's 82nd global patent, reinforcing its growing leadership in defence R&D and cutting-edge training solutions. According to the company, the new filter technology allows the seamless integration of both visible and infrared laser beams into a single, stable output. This boosts the realism, accuracy, and efficiency of combat simulators used in soldier training. Traditional laser systems often require multiple beam paths and frequent calibration. Zen's compact and durable design eliminates these limitations—reducing maintenance while offering reliable performance in harsh field conditions. Zen Technologies stock opened at ₹1,960.00 and, at the time of writing, touched an intraday high of ₹1,989.90, while the low stood at ₹1,940.00. The current levels remain well below its 52-week high of ₹2,627.00 but significantly above the 52-week low of ₹945.35. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
6 days ago
- Business
- Business Upturn
Zen Technologies secures 54th Indian patent for laser training innovation
Zen Technologies has announced the grant of its 54th Indian patent titled 'Single ILU Long Pass Filter' , a key innovation in laser-based military training systems. This also marks the company's 82nd patent globally, underlining its growing dominance in defence R&D. The new technology enables the integration of visible and infrared laser beams into a single, stable output—significantly improving the realism, precision, and responsiveness of combat training simulators. Unlike conventional systems that depend on multiple laser paths and frequent recalibration, Zen's compact filter design ensures durability, accuracy, and low maintenance in tough field conditions. This innovation not only enhances India's defence capabilities but also strengthens Zen's export potential. With global interest rising in next-gen military training solutions, the patented system's portability and modular design make it ideal for both large-scale simulators and mobile setups. Zen's achievement reflects India's ongoing push for self-reliance in defence manufacturing and highlights the importance of indigenous innovation. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
