India, Oct. 1 -- Amid a bull run for its share prices, Eternal, the parent company of Zomato and Blinkit, has allotted 64.1 Lakh stock options under its employee stock options programme (ESOP). Based on Eternal's closing price for today (INR 328.95), the allotted options are pegged at INR 210.9 Cr ($23.7 Mn).

Eternal has allotted 41.2 lakh stock options under its ESOP 2021 and 22.9 lakh under ESOP 2024, while only 72 options were granted under the ESOP 2014 plan.

Options under ESOP 2014 and 2021 can be exercised 10 years from vesting or 12 years from listing, whichever comes later, whereas ESOP 2024 options become exercisable 10 years after vesting.

With this fresh allotment, the company has now assigned its employees about 5.69 crore ...