Blinkit's Albinder Dhindsa tops Rs 419 crore ESOP exercise at Eternal; check the list
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Eternal ESOP
Over July 29-30, more than 140 executives at Eternal—the parent company of Blinkit and Zomato—exercised employee stock options worth a whopping Rs 419 crore. Leading the charge was Blinkit CEO Albinder Dhindsa, who alone accounted for over half the total value.
Joining him were 31 top executives, including Hyperpure CEO Rishi Arora, former and current food delivery CEOs Rakesh Ranjan and Aditya Mangla, plus corporate development head Kunal Swarup. Together, these key leaders converted shares worth Rs 378.5 crore, making up 90% of the two-day ESOP activity. Exercising stock options means purchasing shares at a price agreed upon in the executive’s employment contract. This agreed price, known as the strike price, may vary for each executive and is usually lower than the current market value. Check top Eternal executives who converted their stock options
Joining him were 31 top executives, including Hyperpure CEO Rishi Arora, former and current food delivery CEOs Rakesh Ranjan and Aditya Mangla, plus corporate development head Kunal Swarup. Together, these key leaders converted shares worth Rs 378.5 crore, making up 90% of the two-day ESOP activity. Exercising stock options means purchasing shares at a price agreed upon in the executive’s employment contract. This agreed price, known as the strike price, may vary for each executive and is usually lower than the current market value. Check top Eternal executives who converted their stock options
2/12
Albinder Dhindsa
CEO of Blinkit, exercised ESOPs worth Rs 214.5 crore.
3/12
Kunal Swarup
Corporate Development Head at Eternal, converted ESOPs valued at Rs 25.2 crore.
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4/12
Aadish Dhakad
AVP of Logistics at Zomato, exercised ESOPs worth Rs 24.2 crore.
5/12
Udit Gupta
Consumer Products Head at Zomato, converted ESOPs valued at Rs 14.8 crore.
6/12
Anish Srivasatava
SVP of Revenue at Blinkit, exercised ESOPs worth Rs 14.1 crore.
7/12
Rishi Arora
CEO of Hyperpure, converted ESOPs valued at Rs 9.5 crore.
8/12
Nishtha Khandelwal
VP of Growth & Marketing at Blinkit, exercised ESOPs worth Rs 8.6 crore.
9/12
Keshav Gupta
VP of Expansion & Growth at Blinkit, converted ESOPs valued at Rs 8.3 crore.
10/12
Sajal Gupta
CTO of Blinkit, exercised ESOPs worth Rs 6.6 crore.
11/12
Rakesh Ranjan
Ex-CEO of Food Delivery at Zomato, converted ESOPs valued at Rs 6.6 crore.
12/12
Aditya Mangla
CEO of Food Delivery at Zomato, exercised ESOPs worth Rs 1.3 crore.