India, April 2 -- Foodtech major Zomato has allotted 2.17 Lakh equity shares to eligible employees under its existing employee stock option plans (ESOPs).

Based on the stock's last close of INR 202.05 per share on the BSE, the newly allotted equity shares are worth INR 4.4 Cr.

In an exchange filing, Zomato said, "Nomination and Remuneration Committee of the company, on April 01, has approved a total grant of 2,17,960 stock options under Foodie Bay Employee Stock Option Plan 2014 (ESOP 2014) and Zomato Employee Stock Option Plan 2021 (ESOP 2021) to the eligible employees."

Of the total grant, the largest portion of stock options has been allocated under ESOP 2021, accounting for 2,17,802 options, and the remaining 158 were granted under...