Zen Technologies Limited has informed the Exchange regarding a press release dated April 17, 2026, titled "Zen Technologies receives Arms Manufacturing Licence from Government of India for 12.7mm, 23mm, 30mm and 40mm Cannons".
ZENTEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zen Technologies has received a government-issued arms manufacturing licence under the Arms Act, 1959, authorising the company to manufacture 12.7mm, 23mm, 30mm, and 40mm rapid-fire cannons. These cannon systems are designed for air defence, naval operations, and counter-drone (C-UAS) applications, serving as last-layer defence against drones, loitering munitions, and low-flying aerial threats. When combined with fire-control systems, radar, and EO/IR sensors, these systems provide cost-effective protection for strategic assets, armoured formations, and critical infrastructure. The licence advances India's indigenous defence manufacturing ecosystem under the IDDM framework.
This regulatory approval significantly expands Zen Technologies' product portfolio into the air defence cannon market, positioning the company to secure government defence contracts and diversify revenue streams. For shareholders, this represents a positive development as it opens new business opportunities in the growing counter-drone and air defence segments.