Zen Technologies Limited has informed the Exchange regarding Exercise of 1060 Options.
ZENTEC · price
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Zen Technologies Limited has transferred 1,060 equity shares (face value ₹1 each) to eligible employees under its Employee Stock Option Plan-2021. The shares were transferred from the company's Employees Welfare Trust after the required vesting period was completed. The exercise price was ₹100 per share, which includes a premium of ₹99 over the face value. The total paid-up share capital remains unchanged at 9,02,90,356 equity shares since the shares came from the existing welfare trust rather than a fresh issuance. The shares carry equal rights with existing equity shares and have no lock-in period.
This is a routine ESOP allotment disclosure with no impact on the company's share capital or dilution for existing shareholders. It signals continued execution of the company's employee incentive plan, which is generally viewed neutrally by the market.