Archive · 11 Aug 2025
Zomato Parent Eternal Executives Exercise ESOPs, Shares Boom
Eternal, the parent company of Zomato, saw its stock price go up, which allowed executives to make money.
Over 140 top people at the company used their Employee Stock Options (ESOPs) to buy shares, totaling Rs 419 crore.
This means they bought shares at a lower price, with the potential to sell them later for a profit.
Blinkit's CEO, Albinder Dhindsa, gained the most from this.
Eternal's stock price had previously dropped, but increased after acquiring Blinkit, which has boosted Zomato's shares.
Now, the stock is trading above Rs 300.
Eternal, Zomato's parent company, saw its shares reach an all-time high.
Over 140 executives exercised Employee Stock Options (ESOPs) on July 29 and 30.
Executives acquired shares worth Rs 419 crore through ESOP exercises.
Blinkit CEO Albinder Dhindsa was the largest beneficiary, acquiring shares worth Rs 214.51 crore.
Eternal's stock is currently trading above Rs 300 after the acquisition of Blinkit.
- Who
- Over 140 top officials, including Blinkit CEO Albinder Dhindsa and other executives.
- What
- Executives exercised Employee Stock Options (ESOPs), resulting in significant share acquisitions.
- When
- July 29 and 30, 2025.
- Where
- India
- Why
- To buy shares at a lower price and potentially profit from the company's rising stock value.
- Company
- Eternal (Zomato's parent)
- ESOP Value
- Rs 419 crore
- Date of ESOP Exercise
- July 29 and 30
- Blinkit CEO's Acquisition
- Rs 214.51 crore
- Initial Share Price (July 2021)
- Rs 76
- Current Share Price
- Above Rs 300