Zomato parent Eternal grants Rs 224 Crore worth ESOPs to employees

Eternal, the parent company of food delivery firm Zomato and quick commerce platform Blinkit, on Thursday said it has approved the grant of ESOPs worth Rs 224 crore to eligible employees across multiple ESOP plans.

According to exchange filings, the company's Nomination and Remuneration Committee approved the 64,13,217 stock options across the ESOP 2014, ESOP 2021, and ESOP 2024 plans.

Based on the opening price of Rs 326.2 on NSE, the grant is worth Rs 224 crore.

Read More: Meet Raipur Brothers Who Launched A Pure Masala Brand With Zip-lock Packs & Shook Up Players Like Everest & Catch - Clocked Rs 92 Cr Revenue

More about the Company grant plans

The company's Nomination and Remuneration Committee approved the grant under three plans: Foodie Bay Employee Stock Option Plan 2014, Zomato Employee Stock Option Plan 2021, and Zomato Employee Stock Option Plan 2024.

The options were granted at an exercise price of Re 1 per share, with each option convertible into one fully paid equity share of Re 1 face value.

Totally, the stock options cover 6,895,545 shares, including adjustments made under the respective ESOP schemes.

In April 2025, Eternal granted stock options worth about Rs 4.42 crore under ESOP 2014 and ESOP 2021.

In July 2025, it allotted 64.77 lakh stock options under the same plans, with a total grant value of around Rs 168 crore, according to the exchange filings.

The new announcement comes amid significant regulatory and operational changes affecting Zomato's business model.

Read More: Bihar Friends Clock Rs 1.5 Cr Monthly By Selling Flavoured & Raw Makhanas In Bulk To 41+ Indian & International Food Brands