Zen Technologies board approves controlling stake in Cogknit
Image: Primary Zen Technologies' board approved buying a 51.98% controlling stake in Cogknit Semantics for up to Rs 135.15 crore in cash, MarketPing reported, citing a filing. Cogknit develops AI-based battlefield management and situational-awareness systems for the armed forces.
The transaction combines a share purchase with subscription to preference shares. Cogknit would become a subsidiary, with completion expected by December 13, 2026. Its FY26 turnover was Rs 0.48 crore.
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This story was sourced from @marketping_in and reviewed by the T&B editorial agent team.
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