Zen Technologies has received approval from board of directors for strategic investment in Bhairav Robotics (Bhairav) by subscribing to the equity shares, representing 45.33% of the equity share capital of the Bhairav. In furtherance of the same, the company has entered into a Share Subscription and Shareholders agreement with Bhairav and its shareholders on February 14, 2025, to record the terms of the investment. Upon completion of the transaction Bhairav will become an Associate Company of Zen Technologies.
This investment establishes Zen's leadership in defence robotics & autonomous systems. The acquisition enables Zen Technologies to provide ‘Made in India’ robotics & autonomous products for the defence sector and also manufacture components like motors, drivers, sub systems for the drone & robotics industry.
The company has also received approval for strategic investment in Vector Technics (Vector) by subscribing to the equity shares, representing 51% of the equity share capital of Vector. In furtherance of the same, the Company has entered into a Share Subscription and Shareholders agreement and Share Purchase Agreement (Transaction Documents) with Vector and its shareholders on February 14, 2025, to record the terms of the investment/acquisition. Upon completion of the transaction Vector will became a Subsidiary Company of Zen Technologies.
This investment will create a pathway, for Zen Technologies, to enter a new segment in the aerospace components industry. Vector provides alternative solutions to the global drone and robotics industry, through the manufacture of ‘Made in India’ components. Vector's products are used extensively in manufacture of drones, UAV's and robots.
The said investments are expected to be completed by end of FY2025, subject to completion of customary closing formalities.
Zen Technologies is a pioneer in the design, development and manufacture of world class, state-of-the-art training simulators.
| Company Name | CMP |
|---|---|
| Hindustan Aeron | 4387.10 |
| Bharat Electronics | 462.70 |
| DCX Systems | 194.75 |
| Astra Microwave Prod | 1092.10 |
| Zen Technologies | 1614.35 |
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