Shares of Zen Technologies Ltd surged 6% on 6 November after the company announced securing two contracts worth Rs 289 crore from the Ministry of Defence for upgrading anti-drone systems (ADS).

The improvements are expected to be finished within one year. The corporation initially reported on the matter on Friday, 31 October.

Zen Tech stated that the upgrades directly address operational feedback from Operation Sindoor and other frontline missions, in which developing drone threats highlighted the critical need for systems that can be quickly altered at both the hardware and software levels.

The company claimed that its ADS is totally created and built in-house, allowing for fast validation of new ministry needs as well as rapid system enhancement possibilities that foreign-sourced systems do not give.

According to Zen Tech, global incidents such as the Pager attack and the Stuxnet worm highlight the urgent necessity for total, indigenous command of every component of India’s key defensive infrastructure. It stated that purchasing indigenously designed, developed, and manufactured (IDDM) systems enables the Indian Armed Forces to demand adjustments and upgrades at operational speed, hence minimising the gap between new threats and implemented remedies.

Zen Tech’s chairman and managing director, Ashok Atluri, said, “Imported systems evolve at a rate set by foreign vendors and their interests, not ours. Incidents like the pager malware operation highlight why control over every system component is vital. Buying Indian-designed, developed, and manufactured products is not an option, it’s a requirement for survival as drone and cyber threats keep evolving,”.

At 11:35 am, the shares of Zen Technologies were trading 4.19% higher at Rs 1,414.20 on NSE. 

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