Zen Technologies Limited has informed the Exchange regarding Exercise of 3800 Options.
ZENTEC · price
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Awaiting price reaction for this filing.
Zen Technologies Limited informed the exchanges that 3,800 equity shares (face value ₹1) were transferred to eligible employees under the Zen Technologies Limited Employee Stock Option Plan-2021. The shares were transferred from the company's Employees Welfare Trust after completing the required vesting period. Of the 3,800 shares, 3,000 were exercised at ₹100 per share and 800 at ₹500 per share. The total issued share capital remains unchanged at 9,02,90,356 shares, as the transfer was from the existing welfare trust pool. The newly transferred shares carry the same rights as existing equity shares and there is no lock-in period.
This is a routine ESOP exercise disclosure with no impact on share capital or dilution. The exercise prices (₹100 and ₹500) are significantly below current market levels, which is mildly positive for employee morale but neutral for existing shareholders since no new shares were issued.