Akshata Sharma
Share
Shares of Zomato jumped more than 3% to reach an all-time high of INR 209.75 apiece during the intraday trading today (July 2) after it received shareholders' approval to create a new employee stock option pool of 18.26 Cr shares
The stock opened today at INR 203.45 per share, marking a 0.3% decline from the previous close.
After hitting a record high, the stock shed some gains and was trading 1.37% higher at INR 206.85 apiece on the BSE at 12:06 PM.
The price surge came on the heels of an announcement by Zomato that it has secured approval from its shareholders to formulate, adopt and implement a new employee stock option plan, Zomato ESOP 2024, to grant 18.26 Cr employee stock options, as per regulatory filings.
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