Eternal Limited has informed the exchange regarding grant of stock options pursuant to approval of nomination and remuneration committee.
ETERNAL · price
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Eternal Limited (formerly Zomato) has informed the stock exchanges that its Nomination and Remuneration Committee approved a grant of 10,13,597 stock options to eligible employees under the Zomato Employee Stock Option Plan 2021 (ESOP 2021) on July 21, 2025. Each option can be converted into one equity share of face value ₹1 at an exercise price of just ₹1 per option. The options can be exercised within 10 years from the date of vesting or 12 years from the date of listing, whichever is later. The shares allotted upon exercise will not be subject to any lock-in period. This is a routine ESOP allotment disclosure filed under SEBI listing regulations.
This is a standard employee stock option grant and is likely to have minimal impact on the stock price. The dilution from 10.14 lakh shares is very small relative to Eternal's overall share base. It signals continued use of stock-based compensation to attract and retain talent, which is normal for a growing tech company.