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Ahead of its Q1 FY25 earnings, foodtech major Zomato today (August 1) announced allotment of more than 35.17 Lakh employee stock options

The board at Zomato has approved the allotment of 35,17,051 equity shares having a face value of INR 1 each, as fully paid-up upon exercise of 19,82,980 vested options to identified employees of the company and its subsidiaries, the company said in an exchange filing.

The company has granted 15.34 Lakh stock options under Zomato ESOP 2018, 8.75 Lakh options under Zomato ESOP 2021 and another 11.07 Lakh options under Zomato ESOP 2022, the filing showed.

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