Zen Technologies has transferred 2,500 equity shares to eligible employees following the exercise of stock options under the ‘Zen Technologies Limited Employee Stock Option Plan-2021’. The shares, with a face value of ₹1 each, were transferred from the Zen Technologies Limited Employees Welfare Trust. The newly allotted shares rank equally with existing equity shares, with no impact on the company’s paid-up share capital.
ESOP Exercise and Share Transfer
Zen Technologies Limited announced on September 16, 2025, the transfer of 2,500 equity shares. This transfer is related to the exercise of options previously granted to eligible employees under the ‘Zen Technologies Limited Employee Stock Option Plan-2021’.
Details of the Share Transfer
The shares, each with a face value of ₹1, were transferred from the Zen Technologies Limited Employees Welfare Trust. This trust was established specifically to manage and implement the employee stock option scheme. The transfer occurred after the completion of the applicable vesting period for the employees involved.
Impact on Share Capital
The company confirmed that the shares allotted rank equally with the existing equity shares of Zen Technologies Limited. Furthermore, the company stated that this transfer did not result in any change to the paid-up share capital.
Key Details of Transferred Shares
Equity shares
₹1
September 15, 2025
2,500
₹100
₹99
9,02,90,356
9,02,90,356
Source: BSE
