Acquisition / mergerFiled on BSE ·
Zen Technologies to acquire 51.98% stake in Cogknit Semantics for ₹135.15 crore
Zen Technologies · Aerospace & Defense
What the filing says
- Zen Technologies Board approved ₹135.15 crore investment for 51.98% fully diluted stake in Cogknit Semantics.
- Cogknit Semantics is Bengaluru-based, develops Battlefield Management Systems, won iDEX challenge, and received Raksha Mantri’s Innovation Award 2022.
- Acquisition includes primary funding and existing shares; Cogknit to become Zen subsidiary with founding team continuing leadership.
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Revenue growth 40%+Margin up 2%+
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More from Zen Technologies
- Acquisition / mergerZen Technologies to acquire 51.98% stake in Cogknit Semantics for ₹135.15 crore
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.