ZENTECNSEZen Technologies LimitedLowNeutral
Announced Wed, 1 Apr · 23:20 IST

Zen Technologies Limited has informed the Exchange regarding Exercise of 2580 Options.

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ZENTEC · price

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Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹1349.20
prior close
₹1314.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-1.0-1.1-0.4+2.6+5.2+7.6+13.7+13.6+12.9+27.5+13.0+24.4+31.2
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AI summary

Zen Technologies has transferred 2,580 equity shares (face value ₹1) to eligible employees under its Employee Stock Option Plan-2021 (ESOP 2021). The shares were moved from the company's Employees Welfare Trust after the applicable vesting period was completed. The exercise prices were ₹100 per share (750 options) and ₹500 per share (1,830 options). The 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.

Likely market impact

This is a routine ESOP allotment with a very small number of shares and no change in total share capital, so it is unlikely to have any meaningful impact on the stock price or existing shareholders. It signals continued execution of the company's employee incentive plan.