ALPHA TRIBE

ETERNAL LIMITEDOthers, 01-07-2025: ESOP/ESOS/ESPS

01-07-2025 | 06:19 pm

Eternal Limited has announced a grant of 64,77,602 stock options under its Foodie Bay ESOP 2014 and Zomato ESOP 2021 plans to eligible employees. Each option converts into one equity share with a ₹1 exercise price. The total shares covered under these schemes now stand at 6.92 Cr, with options exercisable up to 10 years from vesting or 12 years from listing, whichever is later. These grants are key for employee retention and incentivization, aligning workforce interests with shareholder value creation. The allotted shares will not be subject to any lock-in.

No comments yet. Be the first to comment!

All announcements from ETERNAL LIMITED