Transfer of equity shares pursuant to the exercise of options granted under the Zen Technologies Limited Employee Stock Option Plan 2021

Zen Technologies Ltd has transferred 2,500 equity shares of face value ₹1 each to eligible employees who exercised their stock options under the Employee Stock Option Plan 2021. The shares were transferred from the company's Employee Welfare Trust after completion of the applicable vesting period. Exercise prices were ₹100 per share for 750 options and ₹500 per share for 1,750 options, with premiums of ₹99 and ₹499 respectively. The company confirmed there is no change in its paid-up share capital or total issued shares, which remain at 9,02,90,356 shares. The newly transferred shares rank pari-passu with existing equity shares and carry no lock-in restrictions.