Zomato grants Rs 330 crore in stock options to employees via ESOPs

  • Posted on October 6, 2024
  • By Business News Today
  • 6 Views
Zomato grants Rs 330 crore in stock options to employees via ESOPs

Zomato, the renowned food delivery platform, announced the grant of nearly 12 million stock options valued at Rs 330.17 crore under its ESOPs in an official filing on October 2, 2024. The options aim to enhance employee motivation and long-term wealth creation. The majority (11,997,652) of the options belong to the ESOP 2021 plan, while only 116 are from the older ESOP 2014 plan
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