ZEN Technologies Ltd. receives multiple orders.

ZEN Technologies Ltd. has announced the receipt of orders from Indian as well international customers for Annual Maintenance contract and supply of products.

The company has received an order from a government customer for Annual Maintenance Contract for a period of 5 years for an approximate value of Rs. 40 Cr.

On export front the Company recently received an order for supply of Zen's simulators to a West African army for about USD 1.4 million and the same has been partially executed.

Further the company has received order for supply of Zen's simulators to a Middle East country for about 700,000 USO. The order is expected to be executed during Q3 of FY 2020-21.

Both the export orders aggregate to Rs. 15.56 Crores (converted USD@ Rs. 73.28).

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