Image Source : BW Businessworld
Zen Technologies Limited has received domestic defence orders worth about ₹120 crore from the Ministry of Defence for its Comprehensive Training Node (CTN). The contract covers delivery of a suite of combat training simulators and equipment, to be executed within a year, strengthening Zen’s position in military simulation.
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MoD awards CTN simulator contract
Zen Technologies has announced fresh orders from the Ministry of Defence, Government of India, for its Comprehensive Training Node platform. The CTN package comprises a range of advanced training simulators and associated equipment designed to support realistic combat training, improve preparedness and enhance operational readiness of Indian defence forces.
The contract, classified as a domestic order, carries an aggregate value of around ₹120 crore including GST and will be executed within 12 months. The company has clarified that neither promoters nor group companies have any interest in the awarding entity and the contract does not fall under related party transactions, underscoring arm’s-length execution.
Key highlights
Customer: Ministry of Defence, Government of India.
Scope: Comprehensive Training Node (CTN) with multiple combat training simulators and equipment.
Order value: About ₹120 crore (including GST).
Nature: Domestic defence order; not a related party transaction.
Execution timeline: Entire order to be completed within one year.
Source: Zen Technologies Limited – BSE disclosure
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