Zen Technologies Limited has transferred 350 equity shares of face value ₹1 each to eligible employees pursuant to the exercise of options granted under the "Zen Technologies Limited Employee Stock Option Plan-2021". The shares were transferred from the Zen Technologies Limited Employees Welfare Trust to the employees upon completion of the respective vesting periods as per the scheme.
Key Details:
- Number of shares allotted: 350
- Face value per share: ₹1
- Exercise price per share: ₹250
- Premium per share: ₹249
- Total paid-up share capital remains unchanged at 9,02,90,356 shares
- Date of transfer: November 06, 2026
The newly allotted shares shall rank pari-passu with the existing equity shares of the company. There is no change in the paid-up share capital subsequent to this transfer.
Compliance Information:
The allotment is made in compliance with Regulation 10 of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The initial statement under Regulation 10(b) was filed with the recognized stock exchanges on January 21, 2022.
Additional Information:
- No lock-in period applies to the allotted shares
- No listing fees are payable for this transfer
- The shares are identical in all respects to existing shares
- Company Registered Address: B-42, Industrial Estate, Sanath Nagar, Hyderabad-500 018, Telangana, India