ZEN Technologies533339Acquisition deal news
ZEN Technologies to buy 51.98% of defence AI firm Cognit Semantics for up to Rs. 135.15 crore
By ScoutQuest · · 1 min read
51.98%Stake acquired on fully diluted basis
- Stake Acquired
- 51.98% of the share capital of the Target Company on a fully diluted basis, giving control
- Aggregate Cash Consideration
- not exceeding Rs. 135.15 crore
- CCCPS Issue Price
- Rs. 27,015.71 per share (face value Rs. 10 each)
- Target
- Cognit Semantics Private Limited
- Transaction
- Acquisition of controlling stake (share purchase + subscription to Series A CCCP
ZEN Technologies to buy 51.98% of defence AI firm Cognit Semantics for up to Rs. 135.15 crore.
Rs. 0.48 crore-38.5%
FY2024-25Rs. 0.78 croreFY2025-26Rs. 0.48 crore
Board meeting
Transaction documents executed
Scheduled completion on or before, or such later date as parties may agree
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More numbers
- Aggregate cash consideration (maximum)Rs. 135.15 crore
- Stake acquired on fully diluted basis51.98%
- Issue price per Series A CCCPSRs. 27,015.71
- Face value per Series A CCCPSRs. 10
- Target turnover FY 2025-26Rs. 0.48 crore
- Target turnover FY 2024-25Rs. 0.78 crore
- Target turnover FY 2023-24Rs. 2.24 crore
Source: BSE · 17 Oct 2026
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