Zen Technologies Limited has informed the Exchange regarding Exercise of 3550 Options.
ZENTEC · price
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Zen Technologies has transferred 3,550 equity shares (face value ₹1 each) to eligible employees who exercised stock options granted under the Zen Technologies Limited Employee Stock Option Plan-2021. The shares were transferred from the company's Employees Welfare Trust after the applicable vesting period. The exercise price was ₹500 per share, comprising ₹1 face value and ₹499 premium. The company's total issued share capital remains unchanged at 9,02,90,356 shares, and the new shares rank equally with existing equity shares with no lock-in restrictions.
This is a routine ESOP exercise disclosure with no impact on total share capital or shareholder dilution. The 3,550 shares are negligible relative to the ~9.03 crore total shares outstanding, so this has no material effect on stock price or shareholder value.