Zomato Expands ESOP Pool With 4.17 Cr Stock Options

SUMMARY

Based on Zomato’s stock closing price of INR 216.45 per share on Wednesday, the total value of these stock options is estimated at INR 903.82 Cr

Of the total grant, the largest portion of stock options has been allocated under ESOP 2024, accounting for 3.7 Cr options

This is followed by 41.21 Lakh options under ESOP 2021 and 1,952 options under ESOP 2014

Listed fintech Zomato has expanded its employee stock option plan (ESOP) by granting 4.17 Cr stock options under its ESOP plans.

In an exchange filing, the company said, “The Nomination and Remuneration Committee of the Company (“NRC”) on January 22, 2025, has approved a total grant of 41,756,590 stock options under the Foodie Bay Employee Stock Option Plan 2014 (“ESOP 2014”), Zomato Employee Stock Option Plan 2021 (“ESOP 2021”), and Zomato Employee Stock Option Plan 2024 (“ESOP 2024”) to eligible employees.”