Eternal proposes Going-out reorganisation and Adonmo-Mygate share swap

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

ETERNAL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.5%Reaction day

₹312.35

prior close

₹312.00

announcement price

After-mkt

timing

Nifty 100market-0.5%-2.0% vs market

E-Retail/ E-Commerce peers, median of 13sector-0.1%-2.4% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty 100 and 2.4 pts less than its E-Retail/ E-Commerce peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

+0.6

15m

+1.5

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.5-0.5-2.0-0.1-2.4

Next day

+1.6-1.3+2.9-3.6+5.2

+4.2-0.5+4.8-3.9+8.1

+6.0pendingpending-1.2+7.1

—————

15d

—————

UpDownMarket · Nifty 100Sector · E-Retail/ E-Commerce peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Eternal will move its Going-out business into wholly owned ZEPL for INR 130.76 crore within 30 days; the unit's FY26 revenue was INR 587 crore. It will swap its Adonmo holding for Mygate shares valued at INR 156 crore, giving Eternal 5.4% of Mygate and 4.4% after Adonmo's proposed merger. Both deals need final agreements and closing conditions. September-quarter consolidated revenue was INR 24,138 crore and profit INR 125 crore.

Likely market impact

The reorganisation keeps ownership unchanged. The swap preserves a Mygate stake; any earnings benefit depends on completion and future performance.