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Tag: employees

Zomato allots 4.55 crore shares to employees at Re 1 each amid sell-off pressure

NEW DELHI: Amid a free fall in the share prices of Zomato, the company has allotted over 4.55 crore equity shares from its employee stock option plan (ESOP) pool at an exercise price of Re 1 rupee. The food delivery company Zomato has seen its shares lose 21 per cent in value over two days…

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