Zen Technologies Limited successfully transferred 1,860 equity shares to employees under its ESOP-2021 scheme on February 25, 2026. The exercise involved two price tranches of ₹100 and ₹500 per share, with the shares transferred from the company's Employee Welfare Trust following completion of vesting periods. The transaction maintains the company's total share capital at 9,02,90,356 shares with no impact on paid-up capital.
Zen Technologies Transfers 1,860 Equity Shares to Employees Under ESOP-2021 Scheme
Zen Technologies Limited has announced the transfer of 1,860 equity shares to eligible employees under its Employee Stock Option Plan-2021 (ESOP-2021) scheme. The transfer was completed on February 25, 2026, following the completion of respective vesting periods as outlined in the scheme guidelines.
ESOP Transfer Details
The company transferred the equity shares from the Zen Technologies Limited Employees Welfare Trust, which was established specifically for implementing the ESOP scheme. Each share carries a face value of ₹1 and the transferred shares will rank pari-passu with the existing equity shares of the company.
Parameter Details Transfer Date February 25, 2026 Number of Shares 1,860 Face Value per Share ₹1 Scheme Employee Stock Option Plan-2021 Source Zen Technologies Limited Employees Welfare Trust
Exercise Price Structure
The ESOP exercise was executed in two distinct tranches with different exercise prices, reflecting the varying grant periods and market conditions at the time of option grants.
Options Exercised Exercise Price per Share Premium per Share 1,000 ₹100 ₹99 860 ₹500 ₹499
Regulatory Compliance
The transfer was conducted in accordance with Regulation 10 of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company filed the required disclosure statement with both BSE Limited and National Stock Exchange of India Limited, where its shares are listed under the symbol ZENTEC and scrip code 533339 respectively.
Share Capital Impact
The company has confirmed that there is no change in the paid-up share capital following this transfer. The total issued shares remain at 9,02,90,356 after this transaction. The transferred shares are identical in all respects to the existing shares and carry no lock-in restrictions.
Company Information
Zen Technologies Limited is headquartered at B-42, Industrial Estate, Sanathnagar, Hyderabad – 500018, Telangana, India, with its manufacturing facility located at Plot No. 36, Hardware Park, Near Shamshabad International Airport, Hyderabad. The company maintains listings on both major Indian stock exchanges and holds various quality certifications including ISO 9001 and CMMI ML5 Appraised status.
Zen Technologies Limited has completed the transfer of 2,250 equity shares to eligible employees under its Employee Stock Option Plan-2021, as disclosed in a regulatory filing dated February 11, 2026. The transfer represents the exercise of stock options by employees following the completion of their respective vesting periods under the scheme.
Share Transfer Details
The company transferred the equity shares from the Zen Technologies Limited Employees Welfare Trust, which was established specifically for implementing the employee stock option scheme. The shares carry a face value of ₹1 each and were exercised at a predetermined price structure.
Parameter Details Number of Shares Transferred 2,250 Face Value per Share ₹1 Exercise Price per Share ₹100 Premium per Share ₹99 Transfer Date February 11, 2026 ISIN Number INE251B01027
Regulatory Compliance
The transfer was conducted in accordance with Regulation 10 of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has submitted the required disclosures to both BSE Limited and National Stock Exchange of India Limited, where its shares are listed under the symbol ZENTEC and scrip code 533339.
Impact on Share Capital
Zen Technologies confirmed that the transferred shares will rank pari-passu with the existing equity shares of the company. Importantly, there is no change in the paid-up share capital of the company following this transfer, as the shares were already part of the issued capital held in the employee welfare trust.
Capital Structure Amount Total Issued Shares After Transfer 9,02,90,356 Total Issued Share Capital After Transfer 9,02,90,356 Lock-in Details Nil Listing Fees Payable Not applicable
Scheme Background
The Zen Technologies Limited Employee Stock Option Plan-2021 was initially filed with the stock exchanges on January 21, 2022. The scheme allows eligible employees to acquire equity shares of the company upon completion of specified vesting conditions. The shares transferred are identical in all respects to the existing shares and do not carry any lock-in restrictions.
The regulatory filing was signed by Sourav Dhar, Company Secretary and Compliance Officer, confirming the company's adherence to all applicable regulations and disclosure requirements under the SEBI framework for employee benefit schemes.
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