Shares of Zen Technologies Limited were locked in a 20% lower circuit at ₹1,080 on February 17, 2025, following the release of its Q3 financial results. While the company’s earnings reflected year-on-year growth, a sequential decline compared to the previous quarter contributed to investor concerns.
Despite this short-term market reaction, Zen Technologies has made significant strategic moves, announcing the acquisitions of Vector Technics Private Limited and Bhairav Robotics Private Limited. These investments aim to enhance its position in UAV propulsion, autonomous robotics, and aerospace components, reinforcing its role in India’s defence technology landscape.
Zen Technologies has acquired a 51% controlling stake in Vector Technics, a company specialising in propulsion and power distribution solutions for drones and UAVs. This acquisition expands Zen’s footprint in aerospace components, enabling it to cater to the growing demand in global drone and robotics markets.
The company has also acquired a 45.33% stake in Bhairav Robotics, a specialist in autonomous robotic systems and defence technology. Bhairav Robotics is known for developing quadrupedal robots and autonomous weapon systems, aligning with Zen Technologies’ focus on ‘Made in India’ innovation in the defence sector.
Zen Technologies’ latest acquisitions are designed to strengthen India’s self-reliance in defence manufacturing while expanding its global presence in next-generation warfare solutions.
Chairman & Managing Director, Ashok Atluri, commented on the developments, stating: “These strategic acquisitions mark a significant step in our mission to build a self-reliant and globally competitive defence ecosystem. By integrating cutting-edge robotics, propulsion, and aerospace technologies, we are not only strengthening India’s defence capabilities but also positioning Zen Technologies as a leader in next-generation defence innovation.”
While the Q3 results triggered a negative market reaction, Zen Technologies remains focused on long-term growth and innovation.
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Published on: Feb 17, 2025, 4:03 PM IST
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