Zen Technologies Limited — Important, 14-02-2025: Updates

The Nomination and Remuneration Committee of Zen Technologies has approved the grant of 47,000 Employee Stock Options (ESOPs) under its Employee Stock Option Plan – 2021. Each option is convertible into an equal number of equity shares with a face value of Re. 1/- at an exercise price of ₹500/-. This price exceeds the face value but is lower than the current market price, presenting a potential value opportunity for employees. Options will vest after one year and can be exercised within four years from the vesting date. This move aligns with Zen Technologies' strategy to incentivize employees and retain talent, positively influencing long-term company performance and shareholder value. Investors may view this as a strategic alignment between management and employee interests, potentially enhancing overall company growth.