Zen Technologies Ltd has received a disclosure from Motilal Oswal Mutual Fund regarding a substantial acquisition of shares under SEBI regulations. The mutual fund house has increased its collective shareholding in the defense technology company through market transactions.

Acquisition Details

Motilal Oswal Mutual Fund schemes acquired 55,352 shares of Zen Technologies Ltd through market transactions on February 23, 2026. The acquisition represents 0.0613% of the company's total share capital.

Shareholding Position

Following the acquisition, the collective holding of Motilal Oswal Mutual Fund schemes in Zen Technologies has increased from 4.9703% to 5.0316%.

Participating Schemes

The acquisition involves nine schemes of Motilal Oswal Mutual Fund, including:

• Motilal Oswal ELSS Tax Saver Fund
• Motilal Oswal Nifty Smallcap 250 Index Fund
• Motilal Oswal Nifty 500 Index Fund
• Motilal Oswal Large And Midcap Fund
• Motilal Oswal Nifty 500 ETF
• Motilal Oswal Nifty Smallcap 250 ETF
• Motilal Oswal Nifty Ind Defence Index Fund
• Motilal Oswal Nifty India Defence ETF
• Motilal Oswal BSE 1000 Index Fund

Company Information

Zen Technologies Ltd shares are listed on both BSE Limited and National Stock Exchange of India Limited. The company's equity share capital stands at 9,02,90,356 shares with a face value of Rs. 1 each, which remained unchanged after the acquisition.

Regulatory Compliance

The disclosure was filed by Aparna Karmase, Head of Compliance, Legal and Secretarial at Motilal Oswal Asset Management Company Limited, on February 26, 2026. The filing confirms that the acquirer does not belong to the promoter or promoter group of Zen Technologies Ltd.

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.