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.

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.

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.

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.

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.