Zen Technologies Ltd. — Capital/Financing Update 2025

Nov 2, 2025

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November 02, 2025

To To Listing Department Dept. of Corp. Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400 001

Symbol: ZENTEC

Scrip Code: 533339

Dear Sir/Madam,

Sub: Press Release

Please find attached the press release titled Zen Technologies Secures ₹289 Crore MoD Order for Rapid Anti-Drone System Upgrades .

This is for your kind information and records.

Thanking You

Yours sincerely,

For Zen Technologies Limited SOURAV Digitally signed by SOURAV DHAR DHAR Date: 2025.11.02 21:52:10 +05'30'

Sourav Dhar Company Secretary & Compliance Officer

Encl: As above

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PRESS & MEDIA RELEASE

Zen Technologies Secures ₹289 Crore MoD Order for Rapid Anti-Drone System Upgrades

Operational Experience and Evolving Threats Prove Buying Indian-Designed Defence Systems is a Strategic Necessity

Hyderabad, November 02, 2025: Zen Technologies has been awarded two major contracts from the Ministry of Defence, Government of India, totalling to ₹289 crores (including GST) for the upgradation of its Anti-Drone Systems (‘ADS’). Slated for completion within a year, these projects showcase why India’s defence ecosystem must prioritize indigenously designed, developed, and manufactured (‘IDDM’) solutions over foreign imports.

Operational Feedback and Rapid Response: These upgrades directly address operational feedback from Op Sindoor and other frontline missions, where evolving drone threats have underscored the urgent need for systems that can be swiftly adapted at both hardware and software levels. Zen’s ADS, entirely designed and developed in-house, enabled immediate validation of new MoD requirements and rapid system enhancements capabilities, which foreignsourced products simply cannot provide.

Dual Threat: Hardware Compromise and Software Malware

Global incidents, such as the Pager attack and Stuxnet malware, confirm the urgent need for complete, indigenous command over every component from physical hardware to software including embedded code in India’s critical defence infrastructure.

Why IDDM is More Than Policy, it’s Survival: Component-level changes and rapid upgrades are structurally impossible with foreign COTS systems, which require vendor approval and often cannot be fundamentally altered. Relying on overseas suppliers also subjects India to unpredictable export controls, delays, and shifting priorities set by foreign governments. In contrast, IDDM procurement empowers the Indian armed forces to dictate changes and improvements at operational speed, closing the gap between emerging threats and deployed solutions.

Preparing for Next-Gen Threats: Drone technology and threats are rapidly evolving hostile actors employ swarms, advanced AI, and stealth capabilities. India’s security depends on continuous system modernization. With IDDM platforms like Zen’s ADS, India gains the agility to continually anticipate, adapt, and defend against tomorrow’s unknown threats.

Commenting on the development Mr. Ashok Atluri, Chairman and Managing Director, Zen

Technologies, said “Recent operations like Op Sindoor have made it clear the pace at which our defence systems evolve determines our ability to secure the nation. Imported systems evolve at a rate set by foreign vendors and their interests, not ours. Incidents like the pager malware operation highlight why control over every system component is vital. Buying Indian-designed, developed and manufactured products is not an option, it’s a requirement for survival as drone and cyber threats keep evolving. Zen Technologies is committed to ensuring India is always one step ahead.”

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PRESS & MEDIA RELEASE

About Zen Technologies Limited

Zen Technologies Limited is a pioneer and leader in providing world class state-of-the-art Defence Training and Anti-Drone solutions and has a proven track record in building training systems for imparting defense training and measuring combat readiness of security forces. With a dedicated R&D (recognized 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.

Contact Us

Afzal Malkani

Chief Financial Officer Zen Technologies Limited investors@zentechnologies.com

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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