Zen Technologies Limited has informed the Exchange regarding Exercise of 1860 Options.
ZENTEC · price
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Zen Technologies has transferred 1,860 equity shares (face value ₹1) to eligible employees upon exercise of stock options under the Zen Technologies Limited Employee Stock Option Plan-2021. The shares were transferred from the company's Employees Welfare Trust after the completion of the applicable vesting period. Of the 1,860 shares, 1,000 were exercised at ₹100 per share and 860 at ₹500 per share. The total issued share capital remains unchanged at 9,02,90,356 shares, and the new shares rank equally with existing equity shares.
This is a routine ESOP exercise with no change in paid-up share capital, so it has no material dilution or impact on existing shareholders. The vesting and exercise signal employee retention and alignment with shareholders, but the small size of this tranche makes it financially insignificant.