ETERNAL LIMITED (ETERNAL) — Announcement Announcement
📢 Key Event
NRC approved 7.42 million stock options across three ESOP schemes for employee grants.
🔮 What's Next
Options exercisable within 10-12 years from vesting or listing date, whichever is later (ESOP 2014/2021); 10 years from vesting (ESOP 2024)
💡 Investor Takeaway
Large ESOP grant signals employee retention focus but may cause future share dilution upon exercise, potentially impacting EPS.
Eternal Limited (formerly Zomato) approved **7,418,741 stock options** for eligible employees across three ESOP schemes on April 1, 2026. The grant includes **38 options** under ESOP 2014, **1,802,224** under ESOP 2021, and **5,616,479** under ESOP 2024. Each option converts to one equity share at an exercise price of **₹1 per option**, with vesting periods ranging from 10 to 12 years. The disclosure complies with SEBI Listing Regulations and the Share Based Employee Benefits framework.
📄 View Original Announcement (PDF)
About ETERNAL LIMITED (ETERNAL)
Consumer Services · Retailing · Listed on NSE
Market Cap: ₹2,32,747.16 Cr
P/E: 317.3
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.