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Zen Technologies Ltd. Capital/Financing Update 2023

Nov 18, 2023

60795_rns_2023-11-18_15170f67-8b41-4416-9433-adc7ee020f54.pdf

Capital/Financing Update

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Date: November 18, 2023

To Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Through: NEAPS Symbol/Security ID: ZENTEC

To Dept. of Corp. Services BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Through: BSE Listing Centre Security Code: 533339

Dear Sir/Madam,

Sub: Press Release – Receipt of Order


Please find attached the press release titled “ZEN TECHNOLOGIES LIMITED SECURES NEW EXPORTS ORDER”.

The above information is also available on the website of the Company: https://www.zentechnologies.com/press-releases

Kindly take the same on record and acknowledge the receipt.

Thanking you. Yours faithfully, For Zen Technologies Limited

Movva Digitally signed by Movva Raghavendra Raghavendra Prasad Date: 2023.11.18 13:46:38 Prasad +05'30'

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M. Raghavendra Prasad Company Secretary and Compliance Officer M.no.: A41798

Encl: as above

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PRESS & MEDIA RELEASE

HYDERABAD, NOVEMBER 18, 2023

ZEN TECHNOLOGIES LIMITED SECURES NEW EXPORTS ORDER

Zen Technologies Limited, is pleased to announce the receipt of an export order valued at approximately ₹42 Crores (5.12 Million USD). The order win reflects the company's growing influence and reputation on the global stage.

This order, comprising state-of-the-art simulators, is from a friendly nation and stands as a testament to the Indian government’s efforts to boost defense exports, aligning with the national objective of becoming a net defense exporter.

About Zen Technologies Limited

Zen Technologies Limited is a renowned industry leader with over three decades of expertise in delivering cutting-edge Military Training and Anti-Drone solutions. The company specializes in manufacturing state-of-the-art land-based military training simulators, driving simulators, live range equipment, and anti-drone systems. With a dedicated Research and Development (R&D) facility in Hyderabad, recognized by the Ministry of Science and Technology, Government of India, Zen Technologies has demonstrated its commitment to innovation. The company has filed for over 130 patents, of which over 50 have been granted and has successfully shipped more than 1000 training systems worldwide.

Contact Us

Contact Us
Afzal Malkani Abhishek Mehra Diwakar Pingle
Chief Financial Officer Investor Relations Advisor Investor Relations Advisor
Zen Technologies Limited TIL Advisors Ernst & Young
[email protected] [email protected] [email protected]

Safe Harbour

This document which have been prepared by Zen Technologies Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.

This document has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Document. This Document may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Document is expressly excluded.

Certain matters discussed in this Document may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Document. The Company assumes no obligation to update any forward-looking information contained in this Document. Any forward-looking statements and projections made by third parties included in this Document are not adopted by the Company and the Company is not responsible for such third-party statements and projections.

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