Rebel Foods Grants ₹170 Crore Fresh ESOPs to Five Co-Founders

22 Oct 2026, 12:18 pm · 2h ago · 1 min read · EntrackrNew

Cloud kitchen operator Rebel Foods has approved a fresh employee stock option (ESOP) grant worth approximately ₹170 crore to its five co-founders. The company's board approved 25.36 lakh ESOPs at an exercise price of ₹670 per share. CEO Ankush Grover, who took charge in July 2025 to steer the company toward profitability and an IPO, received the largest pool of 17.09 lakh options valued at ₹114.51 crore. Jaydeep Barman received ₹28.63 crore worth of options, while Piyush Kakkad, Soumyadeep Barman, and Ankur Sharma received ₹8.95 crore each.