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Zen Tech shares jump 7% on securing arms manufacturing licence from Indian govtThe licence authorises the Company to manufacture 12.7mm, 23mm, 30mm, and 40mm cannons, critical weapon systems with strong applicability in Air Defence, naval operations and Counter-Unmanned Aircraft System (C-UAS) roles.By Navneet Singh  April 17, 2026, 4:25:33 PM IST (Published)2 Min ReadShares of Zen Technologies Limited surged more than 7% on Friday, April 17, after the company announced that it had been granted an arms manufacturing licence by the Government of India under the Arms Act, 1959.

As per a press release filed with the exchanges, the company said that the licence authorises the Company to manufacture 12.7mm, 23mm, 30mm, and 40mm cannons, critical weapon systems with strong applicability in Air Defence, naval operations and Counter-Unmanned Aircraft System (C-UAS) roles.

These rapid-fire cannons serve as highly effective last-layer defence solutions against drones, loitering munitions, and low-flying aerial threats, said the company.

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The systems can be integrated with fire-control systems, radar, electro-optical/infrared sensors and programmable ammunition to deliver responsive and accurate protection for strategic assets, armoured formations, border areas and critical infrastructure.

Zen Tech added that this marks a decisive step forward in advancing India’s indigenous defence manufacturing ecosystem under the IDDM framework.

The company said that amid ongoing global conflicts and the increasing use of drones, loitering munitions and asymmetric aerial threats, these systems are aimed at addressing evolving battlefield requirements with India-centric, cost-effective air defence solutions.

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Following the announcement, shares of Zen Technologies surged 7.8% to an intraday high of ₹1,642.80, before paring some gains to close at ₹1,628, up 6.8% from Thursday’s close. The stock has gained over 14% in the past month.Continue ReadingTagsdomestic manufacturingLicenseshare market todayweaponsZen Technologies