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Zomato allots nearly 20 lakh equity shares in ESOPs ahead of Q2 results

  • Zomato has allotted 19.66 lakh equity shares under various employee stock option plans ahead of its second quarter financial results.
  • The shares were allotted under ESOP plans 2018, 2021, and 2022.
  • The allotted shares are valued at Rs 52.51 crore based on the opening price of Rs 267 apiece.
  • Zomato is set to announce its second-quarter results soon and is considering raising capital through qualified institutional placement.

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