Eternal Ltd, led by Deepinder Goyal, granted over 64.77 lakh employee stock options under its stock option plans.
The options were distributed under the Foodie Bay Employee Stock Option Plan 2014 and Zomato Employee Stock Option Plan 2021.
The grant is valued at approximately Rs 171.5 crore based on Eternal's share opening price.
Eternal's strategy includes using stock options for employee retention and alignment as it expands its food delivery, quick commerce, and dining-out operations.