The Exchange has sought clarification from ETERNAL LIMITED with respect to recent news item captioned Zomato leases 270,000 sq ft office in Gurugrams Intellion Park. The response from the Company is attached.
ETERNAL · price
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NSE sought clarification from Eternal Limited (formerly Zomato) regarding a media report that the company has leased 270,000 sq ft of office space at Intellion Park in Gurugram. The company has submitted its response to the exchange, which is attached to the filing. The clarification was sought under standard exchange protocol when a company is mentioned in a news item that could be material to investors. Details of the company's response are available in the attached document.
No significant impact on shareholders as this is a routine clarification on a commercial real estate news report. Investors should review the attached response for details on the lease terms, cost, and strategic purpose of the expansion.