Zen Technologies Ltd announced the resignation of its Chief Financial Officer, Afzal Malkani, effective November 30, 2025. Malkani's departure marks a significant leadership change during a transformative phase for the company, as it continues expanding its defense and aerospace technology business.
Zen Technologies Limited, a leading defense and aerospace technology company, disclosed the resignation of Chief Financial Officer Afzal Harunbhai Malkani, with effect from November 30, 2025. Malkani, who has played a key role in steering the company’s financial strategies, stepped down to pursue new opportunities.
This leadership change comes at a critical juncture as Zen Technologies accelerates growth driven by increasing demand for simulation, training systems, and defense electronics globally. The company expressed gratitude for Malkani’s contributions in bolstering financial operations, capital raising, and investor relations during his tenure.
Zen Technologies is actively engaged in identifying a successor who will continue to support its strategic roadmap involving product innovation and enhanced global partnerships.
Investors and industry analysts expect the transition to be smooth, with the firm committed to maintaining operational stability and financial discipline amidst evolving market dynamics.
Key Highlights:
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CFO Afzal Malkani resigns effective November 30, 2025
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Played a vital role in financial strategy and capital management
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Zen Technologies focuses on defense simulation and aerospace growth
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Succession planning underway for smooth leadership transition
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Company aims to sustain growth and enhance global market presence
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Reflects broader transformation in defense technology sector
Source: Zen Technologies Ltd official statement, TipRanks, Investywise, Stock Insights