ZENTECNSEZen Technologies LimitedLowNeutral
Announced Thu, 5 Mar · 18:26 IST

Zen Technologies Limited has informed the Exchange regarding Exercise of 1600 Options.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Zen Technologies Limited has transferred 1,600 equity shares (face value ₹1) to eligible employees upon exercise of 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 completion of the vesting period. The exercise price was ₹500 per share, and the shares rank pari-passu with existing equity shares. There is no change in the total paid-up share capital, which remains at 9,02,90,356 shares. No lock-in applies to these shares.

Likely market impact

This is a routine ESOP-related share transfer from the Employee Welfare Trust and does not dilute existing shareholders' equity. The negligible size (1,600 shares) and no change in paid-up capital mean no material impact on stock price or shareholder value.