ESOP31 Oct 2026, 09:50 pm
ZEN Technologies Grants 12,000 ESOPs at ₹500 Each
AI Summary
ZEN Technologies Ltd announced the grant of 12,000 Employee Stock Options (ESOPs) under its 2021 plan. The options are convertible into equity shares at an exercise price of ₹500 per option. This grant is in compliance with SEBI regulations. The options will begin vesting after one year and can be exercised within two years from the vesting date. The exercise price is above the face value and below the prevailing market price.
Key Highlights
- 12,000 ESOPs granted under the 2021 plan.
- Exercise price set at ₹500 per option.
- Vesting commences after one year from grant.
- Options exercisable within two years post-vesting.
Price Impact
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