Zen Technologies Grants 1,27,500 Employee Stock Options Under ESOP Plan 2021
Zen Technologies Limited granted 1,27,500 Employee Stock Options under its ESOP Plan 2021 at Rs. 250 per option. The Nomination and Remuneration Committee approved the grant on March 30, 2026, with vesting commencing after one year and a two-year exercise window post-vesting. The grant complies with SEBI regulations and is administered through the company's Employee Welfare Trust.
*this image is generated using AI for illustrative purposes only.
Zen Technologies Limited has announced the grant of 1,27,500 Employee Stock Options (ESOPs) to eligible employees under its Employee Stock Option Plan 2021. The Nomination and Remuneration Committee of the Board of Directors approved this grant through a circular resolution passed on March 30, 2026.
ESOP Grant Details
The comprehensive details of the stock option grant demonstrate the company's commitment to employee participation in its growth story:
| Parameter: | Details |
|---|---|
| Total Options Granted: | 1,27,500 ESOPs |
| Exercise Price: | Rs. 250 per option |
| Share Face Value: | Re. 1 each |
| Pricing Structure: | Above face value, below market price |
| Regulatory Compliance: | SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021 |
Vesting and Exercise Framework
The ESOP structure follows a systematic approach to employee benefit realization. Options will begin vesting after a period of one year from the grant date, ensuring employee retention and continued contribution to company objectives. Once vested, employees will have a two-year window to exercise their options, providing flexibility in timing their participation.
Administrative Structure
The Employee Stock Option Plan 2021 operates under the administration of the Nomination and Remuneration Committee, with implementation facilitated through Zen Technologies Limited Employees Welfare Trust. This structure ensures proper governance and compliance with the established scheme parameters.
Key Terms and Conditions
The grant incorporates several important operational aspects:
- Eligibility: Based on criteria specified in the ESOP Plan 2021
- Exercise Period: Two years from respective vesting dates
- Current Status: No options have been vested, exercised, or lapsed as of the grant date
- Regulatory Framework: Full compliance with SEBI Share Based Employee Benefits regulations
Compliance and Disclosure
The company has fulfilled its disclosure obligations under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The grant aligns with regulatory requirements and maintains transparency with stakeholders regarding employee benefit programs.
This ESOP grant represents Zen Technologies' ongoing strategy to align employee interests with shareholder value creation, providing eligible employees with an opportunity to participate in the company's future growth and success.
Historical Stock Returns for Zen Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.69% | -9.54% | -5.95% | -14.78% | -12.23% | +1,532.42% |
How might this ESOP grant impact Zen Technologies' talent retention and recruitment capabilities in the competitive defense technology sector?
What could be the potential dilution effect on existing shareholders when these 1,27,500 options are exercised over the next few years?
Will Zen Technologies expand its ESOP program further if the company continues its growth trajectory in the defense and simulation technology markets?
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