Zen Acquires TISA Stake in Loitering Munitions Expansion

  Published 11 months ago

Zen buys 54.67% in TISA Aerospace for Rs 6.56 crore, boosting defense drone and loitering munitions capabilities in India.

  • Zen acquires TISA stake to expand in high-growth loitering munitions and precision-guided weaponry sectors.
  • TISA’s DRDO, IIT Madras R&D projects add advanced tech to Zen’s anti-drone and propulsion systems.
  • The deal aligns with India’s self-reliance goals, enabling faster scaling in domestic and global defense markets.

You might like these

Tata Motors Invests $4.1B to Expand India Car Portfolio

Rajasthan Rs 3,700 Crore Project Launch

IndiGo Co-founder Sells $1.4B Stake

Eicher Motors Q1 Profit Rises 9%

NIIF Council Approves $1B Fund, Greenfield Investments

China's Coal Imports Decline: Russia, Indonesia, & Australia

IDFC First Bank Q3 FY26 Profit Up 75%

News that matters the most ⚡