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ZEN Technologies’ gets nod to close down UAE subsidiary

13 Mar 2012 Evaluate

ZEN Technologies has received an approval to close and de-register its subsidiary Zen Technologies FZE, UAE as there were no significant operations being carried out backed with the economic slowdown. The board at its meeting held on March 13, 2012 has approved for the same.

Zen Technologies is a pioneer in the design, development and manufacture of world class, state-of-the-art training simulators. The company has grown at an average rate of 100% over the last three years.

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Company Name CMP
Hindustan Aeronaut. 4703.10
Bharat Electronics 386.15
Aequs 254.60
Astra Microwave Prod 1633.60
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