Eternal Limited Reports No Deviation in Use of QIP Proceeds

Zomato Ltd. ( (IN:ETERNAL) ) has provided an announcement.

Eternal Limited has submitted a monitoring agency report for the quarter ended March 31, 2026, detailing the use of funds raised via a qualified institutions placement. The report, prepared by ICRA Limited, confirms there has been no deviation in the utilization of proceeds and that spending aligns with the stated objects of the issue.

The disclosure, made under SEBI’s capital-raising and listing regulations, reinforces transparency around Eternal’s capital deployment for institutional investors and market regulators. By confirming compliant use of QIP proceeds and hosting the report on its website, the company aims to strengthen governance standards and maintain stakeholder confidence in its financial stewardship.

More about Zomato Ltd.

Eternal Limited, formerly known as Zomato Limited, operates in the digital services and technology sector from its registered office in New Delhi. The company is listed on BSE and NSE under the symbol ETERNAL and had previously raised capital through a qualified institutions placement to support its corporate objectives and growth plans.

Average Trading Volume: 5,359,769

Technical Sentiment Signal: Hold

Current Market Cap: 2477.7B INR

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