StockWatch
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Aerospace & Defense
ESOP25 Jul 2026, 07:10 pm

ZEN Technologies Grants 14,100 ESOPs

AI Summary

ZEN Technologies Ltd announced the grant of 14,100 Employee Stock Options (ESOPs) under its "Zen Technologies Limited Employee Stock Option Plan – 2021". The Nomination and Remuneration Committee approved the grant on July 25, 2026. These options are convertible into an equal number of equity shares of face value Re. 1/- each. The grant price is ₹250 per option, which is above face value and below the prevailing market price. Vesting will commence after one year from the grant date, and options can be exercised within two years of vesting. This move aligns with SEBI regulations.

Key Highlights

  • 14,100 ESOPs granted under the 2021 plan.
  • Grant price set at ₹250 per option.
  • Vesting begins one year post-grant.
  • Options exercisable within two years of vesting.