Zen Technologies Transfers 1,860 ESOP Shares Without Changing Share Capital

The latest announcement is out from Zen Technologies Limited ( (IN:ZENTEC) ).

Zen Technologies Limited has transferred 1,860 equity shares of face value ₹1 each to eligible employees upon exercise of options granted under its Zen Technologies Limited Employee Stock Option Plan-2021. The shares were moved from the Zen Technologies Limited Employees Welfare Trust after completion of the applicable vesting periods and are identical in all respects to the existing equity shares.

The company confirmed that this transfer does not alter its total issued share capital, which remains at 9,02,90,356 equity shares, and there is no lock-in on the newly transferred shares. The move reflects the ongoing implementation of its share-based employee compensation scheme without causing any dilution or structural change in the company’s equity base for existing shareholders.

More about Zen Technologies Limited

Zen Technologies Limited is an India-based company listed on BSE and NSE, with its registered office in Hyderabad, Telangana. The company’s equity shares have a face value of ₹1 and are fully fungible, traded under ISIN INE251B01027, with a total issued share capital of 9,02,90,356 equity shares outstanding.

Average Trading Volume: 36,784

Technical Sentiment Signal: Hold

Current Market Cap: 119.5B INR

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