Zomato Parent Eternal Approves ₹26 Crore in Employee Stock Options

Eternal Limited, formerly known as Zomato Limited, has granted over 10 lakh stock options to employees under its ESOP 2021 plan. The decision was made during the company’s Nomination and Remuneration Committee meeting held on July 21, 2025.

A total of 10,13,597 stock options have been approved. Each option can be converted into one fully paid-up equity share of face value ₹1. At a ₹1 exercise price, the face value of the entire grant stands at ₹10.13 lakh, while the notional value is estimated at around ₹26 crore.

Exercise Period and Conditions

The options can be exercised within 10 years from vesting or 12 years from listing, whichever is later. Shares allotted after exercise will not be subject to any lock-in period. The scheme also covers conditions like resignation, retirement, or permanent disability.

There have been no changes, cancellations, or lapses reported in relation to this grant. The document did not mention how many of the newly granted options have vested or been exercised as of now.

Scheme Compliance and Filing

The ESOP 2021 plan is in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Eternal has disclosed this development to both BSE and NSE in line with Regulation 30 of the SEBI Listing Obligations.

The company has stated that the relevant information will be made available on its official website.

Read more: Eternal Q1 FY26 Results: Revenue Soars, Profit Declines Sharply!

Eternal Share Price Performance 

As of 10:52 AM on July 22, 2025, Eternal share price was trading at ₹294.25, a 8.30% increase; the stock is up 39.20% over the past 6 months.

Conclusion

The stock options are part of the company’s existing employee benefit scheme. All regulatory disclosures have been made, and no further updates were shared in the filing.

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