ETERNAL LIMITED has informed the Exchange about General Updates
ETERNAL · price
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Eternal Limited (formerly Zomato Limited) has informed the exchanges that its step-down subsidiary, Zomato Malaysia Sdn. Bhd., has been dissolved with effect from August 8, 2025. The Malaysia-based entity was a downstream subsidiary of Eternal Limited. The company has disclosed this under Regulation 30 of SEBI's listing rules, following up on an earlier intimation dated February 15, 2024. The announcement is a procedural corporate update and no financial details of the dissolution have been provided.
This is a routine corporate housekeeping announcement. Dissolving an underperforming or non-core overseas subsidiary is generally neutral to mildly positive for shareholders, as it simplifies the corporate structure and may help cut losses. Investors should not expect any material impact on revenue or earnings unless the company provides further details.