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Zen Technologies bags multiple orders

Capital Market 

Zen Technologies 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 crore.

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

Further the Company 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~ 15.56 Crores (converted USO@~ 73.28).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Fri, October 09 2020. 15:12 IST