BSECompany Update2d ago · 18 Oct 2026, 11:23 am
Press Release
ZEN Technologies Ltd · 533339
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Zen Technologies Ltd announced an investment of ₹135.15 crore for a 51.98% stake in Cogknit Semantics Private Ltd, a Bengaluru-based defence technology company. Cogknit won the iDEX challenge to build a Battlefield Management System (BMS) for Main Battle Tanks and is a recipient of the Raksha Mantri's Award for Innovation (2022).
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ZEN Technologies Ltd - 533339 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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October 18, 2026
To To
Listing Department Dept. of Corp. Services
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Dalal Street
Bandra (E), Mumbai – 400 051 Mumbai- 400 001
Symbol: ZENTEC Scrip Code: 533339
Dear Sir/Madam,
Sub: Press Release
Please find attached the press release titled Zen Technologies to acquire majority stake in
Cogknit Semantics, an indigenous developer of Battlefield Management Systems.
This is for your kind information and records.
Thanking You
Yours sincerely,
For Zen Technologies Limited
Sourav Dhar
Company Secretary & Compliance Officer
Encl: As above
PRESS & MEDIA RELEASE
Hyderabad, Oct 18, 2026
Zen Technologies to acquire majority stake in Cogknit Semantics, an
indigenous developer of Battlefield Management Systems
Hyderabad, India – 18 October 2026: Zen Technologies Limited (“Zen”) announced
that its Board of Directors has approved an investment of ₹135.15 crore for a 51.98%
stake (fully diluted basis) in Cogknit Semantics Private Limited (“Cogknit”), a
Bengaluru-based defence technology company. Cogknit won the iDEX challenge to build
a Battlefield Management System (BMS) for Main Battle Tanks and is a recipient of the
Raksha Mantri’sAward forInnovation (2022).
Zen’s investment comprises a subscription to Cogknit’s primary funding round and the
acquisition of existing shares. Investor Ashish Kacholia and his associates will also invest
in the primary round. On completion of the transaction, which is subject to customary
closing conditions, Cogknit will become a subsidiary of Zen, and its founding team will
continue to lead the company.
Recent conflicts, from Ukraine to West Asia, have shown that battles are decided less by
the number of tanks and guns than by how quickly every unit can see the battlefield,
share what it sees and act on it. Battlefield Management Systems, which give every
fighting unit a common picture of friendly forces, the enemy and the plan, are central to
the modernisation ofarmoured forces worldwide.
Cogknit’s BMS digitally connects tanks, vehicles and soldiers, so that every commander
works from one real-time picture of the battlefield. It has completed field trials with the
Indian Army, and is designed and developed in India, adding to the country’s indigenous
defence technology base and tothe self-reliance of theArmed Forces.
For Zen, the acquisition is aligned with Samvid, its proposed AI platform for shared
battlefield awareness. Cogknit’s BMS adds the command-and-control layer that connects
tanks, vehicles and soldiers, and is intended to complement Samvid, as well as Zen’s
training simulators, counter-drone systems, dronesand autonomous platforms.
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PRESS & MEDIA RELEASE
Commenting on the acquisition, Mr. Ashok Atluri, Chairman and Managing
Director, Zen Technologies Limited, said:
“Future wars will be won by the army that sees first, decides fastest and acts together.
Cogknit offers the Indian Armyaway todoexactly that, with technology built inIndia and
tested in trialswith theArmy.We are proudtoback the team that hasbuilt it.
Cogknit’s journey from selection in the iDEX challenge to field trials took nearly five
years because the system was developed hand in hand with the end user, with the Army’s
feedback shaping every stage. That depth of engagement is hard to replicate, and the
learnings will help us accelerate future R&D across the Zen group. With Zen’s scale and
experience, and our approach of backing strong leadership teams, we aim to make
Cogknit the indigenous standard for battlefield management, from the tank to the soldier,
andtostrengthen the IndianArmyfor the warsof the future.”
Mr.AnuroopIyengar,FounderandCEO, CogknitSemanticsPrivate Limited, said:
“Since 2014, Cogknit has been part of the new wave of Indian startups innovating for
defence. That innovation now gets a much-needed boost through ‘courage’ capital from
Zen and its ecosystem. We are well positioned to equip the Indian soldier with a force
multiplier that few armiesinthe world have today.
We started with large-scale data processing for Signals and Edge AI for Infantry, and then
built a next-generation Command and Control System through iDEX, which has
completed field trials with the Army. We are confident we have built the foundation on
which Fourth Industrial Revolution technologies such as AI, robotics and dronery can be
incorporated, torealise the Battlefield Management Systemof theAI age.”
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PRESS & MEDIA RELEASE
AboutZenTechnologiesLimited
Zen Technologies Limited, founded in 1993 and headquartered in Hyderabad, is a listed
Indian defence technology company. Its portfolio spans training simulators, counter-
UAS systems, drones, autonomous platforms and directed energy weapons, supported
byover 200patents.
AboutCogknitSemanticsPrivateLimited
Cogknit Semantics Private Limited is a Bengaluru-based defence technology company
that builds large-scale data processing, edge AI and command-and-control systems for
India’s armed forces. It won the iDEX challenge for a Battlefield Management System
forMain BattleTanks and received the Raksha Mantri’sAward forInnovation in2022.
Contact Us
Hari Haran Chalat
Chief Financial Officer
Zen Technologies Limited
investors@zentechnologies.com
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