Zomato parent Eternal grants ₹211 crore in ESOPs to employees

Zomato parent Eternal grants ₹211 crore in ESOPs to employees

Eternal Ltd, parent of Zomato and Blinkit, has approved 64.13 lakh employee stock options (ESOPs) worth ₹211 crore. Issued under the Foodie Bay 2014, Zomato 2021 and Zomato 2024 plans, each option is priced at ₹1 per share. The move is aimed at rewarding and retaining employees while strengthening talent loyalty in an increasingly competitive market.

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