Zen Acquires TISA Stake in Loitering Munitions Expansion

  Published 9 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

CIE Automotive India Q3 FY26 Results

RBI May Opt for Jumbo 50 bps Rate Cut: SBI Report

Indian Steel Stocks Surge on Import Decline

India Core Sector Grows 1.7%

Quality Power Launches Global Coil Factory in Sangli

APY Enrollment Surges: Women Lead Growth

RateGain Launches Real-Time Analytics for Hotel Distribution

News that matters the most ⚡