BUSINESSZomato Allots 4.66 Crore Shares to Employees at Re 1 Per Share in Sell-OffNileshJuly 27, 2022July 27, 2022 by NileshJuly 27, 2022July 27, 202202701 Food delivery company Zomato, which allocated 4.66 crore shares from its ESOP (Employee Stock Option Plan) pool at a strike price of Rs 1, fell...
MARKETSZomato Falls 11%, Closes at Fresh Low of Rs 47.55 as One-Year IPO Lock-In EndsNileshJuly 26, 2022July 26, 2022 by NileshJuly 26, 2022July 26, 202201732 Zomato shares tumbled on Monday as investors scrambled to sell their shares after freezing all of its pre-IPO shares for a year. The stock closed...