Zen Technologies Acquires TISA Aerospace Stake
x
Zen Technologies acquires majority stake in TISA Aerospace, a defense technology firm specializing in loitering munitions and UAVs. Details of the deal are yet to be disclosed.
New Delhi, Jun 22 (PTI) Defence training and anti-drone solutions provider Zen Technologies on Sunday announced the acquisition of a majority stake in TISA Aerospace Pvt Ltd, a defence technology company specialising in indigenously developed loitering munitions and unmanned aerial vehicles.
The company did not financial details of the deal.
"The Board of Directors has unanimously approved the acquisition, which will be executed through a combination of share purchase from existing shareholders of TISA and acquisition of compulsorily convertible debentures (CCDs) from existing holder issued by TISA," the company said in a regulatory filing.
The company did not financial details of the deal.
"The Board of Directors has unanimously approved the acquisition, which will be executed through a combination of share purchase from existing shareholders of TISA and acquisition of compulsorily convertible debentures (CCDs) from existing holder issued by TISA," the company said in a regulatory filing.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Jaiprakash Power Ven
- 26.22 (+ 10.91)
- 81045994
- Ola Electric Mobilit
- 45.98 (+ 15.47)
- 55760047
- Vodafone Idea L
- 7.61 (+ 6.28)
- 53029449
- Sunshine Capital
- 0.32 ( 0.00)
- 23698815
- RattanIndia Power
- 15.78 ( -2.23)
- 20575700
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback