Zen Technologies 
Dealstreet

ELP acts on Zen Technologies 1,000 crore QIP

Zen Technologies raised ₹1,000 crore from the QIP.

Bar & Bench

Zen Technologies Limited has raised ₹1,000 crore via a qualified institutions placement of 62,46,096 equity shares.

Economic Laws Practice (ELP) advised the lead managers Motilal Oswal Investment Advisors Limited, ICICI Securities Limited and Nuvama Wealth Management Limited in connection with this QIP.

The transaction team consisted of Geeta Dhania (Partner), Abhishek Gupta, Vedaarth Uberoi and Shreeya Srungarapu (Associates).

Geeta Dhania

Zen Technologies Limited is a provider of defense simulation training equipment and counter-drone solutions. The proceeds of this issue would be used by the Company to explore inorganic growth opportunities and fund its working capital requirements.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

AI liability and regulation for India's GCCs

Reform or legislative overreach? How Maharashtra's amendment to its public trusts law reached Tata Sons' governance

Is there a right time to go in-house?

JSA advises United Spirits on investment in Nuvola Spirits

CJI Surya Kant declines meeting with Rahul Gandhi, Mallikarjuna Kharge; says approach Court judicially

SCROLL FOR NEXT