The company clarified that the order does not constitute a related-party transaction and that neither its promoters nor members of the promoter group have any interest in the award of the contract.

Zen Technologies provides defence training and anti-drone solutions. It builds training systems for imparting defence training and measuring the combat readiness of security forces. With a dedicated R&D (recognised by the Ministry of Science and Technology, Government of India) and production facility in Hyderabad, the company has applied for over 180+ patents and shipped more than 1,000 training systems around the world.

The company has reported a 68.8% drop in consolidated net profit to Rs 31.53 crore on a 45.2% fall in net sales to Rs 178.08 crore in Q4 FY26 as compared with Q4 FY25.