Zensar Technologies has informed that the Nomination and Remuneration Committee of Board of Directors of the Company (‘Committee’) today, approved grant of 3,38,194 ESOPs; Performance Award Units (PAUs) to employee(s) of the Company and/or its subsidiaries, pursuant to Company’s ESOP plan viz., Employees Performance Award Unit Plan 2016 (EPAP 2016), at an exercise price of INR 2.00 per share, which would vest as per the terms of grant, based on the underlying performance parameters.
The above information is a part of company’s filings submitted to BSE.