Zen Technologies Limited has informed the Exchange regarding Exercise of 6000 Options.
ZENTEC · price
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Zen Technologies Limited transferred 6,000 equity shares (face value ₹1) to eligible employees upon exercise of stock options under its Employee Stock Option Plan-2021. The shares were moved from the company's Employees Welfare Trust after completion of the vesting period. Of the 6,000 shares, 4,000 were exercised at ₹100 per share and 2,000 at ₹500 per share. The total issued share capital remains unchanged at 9,02,90,356 shares, as these shares were already held by the welfare trust. The newly transferred shares carry no lock-in and rank equally with existing equity shares.
This is a routine ESOP exercise with no dilution or change in share capital, so it has minimal impact on existing shareholders. It indicates employee retention activity and may slightly increase public float as shares move from the trust to employees.