Zensar Technologies Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
ZENSARTECH · price
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Awaiting price reaction for this filing.
Zensar Technologies got shareholder approval through a Postal Ballot for its new Employee Stock Option Plan called 'Zensar - ESOP Scheme 2025.' Four special resolutions were passed, covering the main ESOP scheme, granting options to employees of unlisted subsidiaries, buying shares from the market through a Trust, and funding that Trust to purchase shares. Voting took place electronically from June 25 to July 24, 2025. Promoters voted 100% in favour, while institutional investors showed about 75-76% support and public retail investors voted overwhelmingly in favour (over 99%). All four resolutions passed with roughly 90-91% of votes in favour and about 9% against.
This approval allows Zensar to launch a fresh ESOP scheme and use a Trust route to buy back shares from the market to allot to employees. For existing shareholders, this may lead to mild dilution over time as stock options are granted and exercised, but no immediate impact on share price is expected from this disclosure alone.