Zensar to acquire over 3.3m shares for new employee stock plan

Zensar Technologies announced on September 12, 2025, a proposed secondary market purchase of up to 3,370,000 equity shares for its Zensar – Employees Stock Option Scheme 2025 (ESOP 2025). This move, approved by shareholders on July 24, 2025, will see the Zensar Employees Welfare Trust acquire shares in multiple tranches.

In a related announcement, the Nomination and Remuneration Committee approved the grant of 1,257,337 options under the ESOP 2025 to eligible employees. These options, convertible into one equity share each, have an exercise price of INR 2 per option, which matches the face value of the shares.

The ESOP 2025 will be administered by the Nomination and Remuneration Committee through a Trust Route, with the Welfare Trust acquiring existing shares via secondary market purchases. Options, once vested, can be exercised within five years from the vesting date.