The Times of India

Eternal CEO transition: Zomato founder Deepinder Goyal gives up Rs 1,000 crore in stock options; what it means for shareholders

Eternal founder Deepinder Goyal has returned over Rs 1,000 crore in unvested ESOPs, expanding the company's pool by 16% to aid talent retention. This move coincides with Goyal stepping down as Group CEO to become Vice Chairman, with Blinkit's Albinder Dhindsa taking over as Group CEO. Goyal will focus on long-term strategy and governance, while Dhindsa leads daily operations.