Zen Technologies Ltd. — M&A Activity 2025

Oct 17, 2025

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October 17, 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,

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Sub: Press Release

Please find attached the press release titled Zen Technologies Completes 100% Acquisition of Applied Research International .

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This is for your kind information and records.

Thanking You

Yours sincerely,

For Zen Technologies Limited

SOURAV Digitally signed by SOURAV DHAR DHAR Date: 2025.10.17 11:14:55 +05'30' Sourav Dhar Company Secretary & Compliance Officer

Encl: As above

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PRESS & MEDIA RELEASE

Zen Technologies Completes 100% Acquisition of Applied Research International

Hyderabad, India – October 17, 2025: Zen Technologies Limited announced that it has completed the acquisition of the remaining 24% equity stake in Applied Research International Private Limited (ARIPL), following its earlier purchase of a 76% stake in February 2025. With this transaction, ARIPL has now become a wholly owned subsidiary of Zen Technologies.

This strategic acquisition strengthens Zen Technologies’ position as one of India’s most diversified simulation and defence technology companies. Full ownership of ARIPL enables Zen to extend its simulation expertise into the naval and marine domains, complementing its existing leadership in land and air defence solutions.

With this integration, Zen Technologies will now be able to deliver comprehensive, multidomain simulation and training systems that cater to the evolving requirements of the Indian Army, Navy and Air Force. This acquisition represents a key step in Zen’s mission to provide advanced, indigenously designed defence technologies that enhance preparedness, reduce foreign dependency, and improve operational readiness across Indian armed forces.

Ashok Atluri, Chairman and Managing Director of Zen Technologies, said:

“The completion of this acquisition marks a significant step in Zen Technologies’ journey toward building a comprehensive simulation portfolio across the defence spectrum. By bringing ARIPL’s maritime and naval expertise under the Zen umbrella, we are expanding our presence from land into the sea domain, strengthening our ability to deliver integrated simulation and training solutions across multiple services.

This integration will enable us to design and develop new products for naval markets in India and overseas, while supporting ARI already a leader in the marine domain to penetrate deeper and compete for large, high-value contracts. This acquisition positions Zen strongly in land and sea simulations, setting the stage for our future expansion into the air domain.”

About Zen Technologies Limited

Zen Technologies Limited is a pioneer and leader in providing world class state-of-theart 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.

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PRESS & MEDIA RELEASE

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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