ETERNALBSEETERNAL LIMITEDMediumNeutral
Announced Wed, 22 Jul · 15:15 IST

Eternal transfers Nugget by Zomato business to wholly owned arm for Rs 35 cr

Strategic Transactions View source PDF

ETERNAL · price

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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹287.80
prior close
₹290.90
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AI summary

Eternal board approved a Business Transfer Agreement to transfer its Nugget by Zomato business (a B2B AI support platform) to Carthero Technologies, its wholly owned subsidiary, for Rs 35 crore cash. Nugget contributed just Rs 7.20 crore revenue (0.07%) and Rs 10.54 crore net worth (0.03%) in FY26, so this is internal restructuring with no material impact. Board also approved Q1FY27 results: consolidated revenue Rs 20,211 crore, profit Rs 92 crore. AGM set for August 26, 2026.

Likely market impact

Routine internal restructuring. Nugget is under 1% of revenue, so no material impact. Q1 consolidated revenue at Rs 20,211 cr rose from Rs 17,292 cr.