Reserve Bank of India has restricted foreign institutional investors (FIIs)/ Registered Foreign Portfolio Investors (RFPIs) from buying shares of Zen Technologies, citing that the foreign shareholding in defence industry is not permitted under portfolio investment scheme (PIS).
Zen Technologies, over the years, has developed expertise in designing, developing and manufacturing various types of simulators. The products developed in-house not only meet all qualitative standards but also are cost-effective. Zen has an ISO 9001:2008 (QMS), ISO 27001:2005 (ISMS) Certification and is a CMMI Level 3 company.
