Eternal Limited (formerly known as Zomato Limited) has formally notified stock exchanges about its upcoming board meeting scheduled for Tuesday, April 28, 2026. The meeting will focus on reviewing and approving the company's financial performance for the fourth quarter and full financial year ending March 31, 2026.

Board Meeting Details

The board of directors will convene to consider and approve both standalone and consolidated financial results for Q4FY26. This announcement was made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Earnings Conference Call

Eternal Limited will host an earnings conference call on the same day to discuss the financial results with investors and analysts. The call is scheduled for 5:00 PM IST on April 28, 2026.

Registration Requirements

Participants must complete mandatory pre-registration to join the earnings call using the designated Zoom webinar link. Key requirements include:

• Pre-registration through the provided webinar link
• Email confirmation with call details and joining instructions
• Access to live discussion of Q4FY26 financial performance

Documentation and Accessibility

The company has committed to making comprehensive documentation available to stakeholders. Following the earnings call, both transcript and audio recording will be published on the company's official website at www.eternal.com under the investor relations section.

Regulatory Compliance

The intimation was signed by Sandhya Sethia, Company Secretary and Compliance Officer, on April 22, 2026. This notification fulfills the company's obligations under SEBI listing regulations and ensures transparent communication with shareholders and the investment community regarding the upcoming financial disclosure.

Goldman Sachs has reaffirmed its Buy rating on Eternal Limited with a target price of ₹350, expressing confidence in the company's strategic positioning despite prevailing market concerns.

Investment Thesis and Market Position

The investment bank's analysis suggests that Total Addressable Market (TAM) concerns surrounding Blinkit are overdone. Goldman Sachs emphasizes Eternal Limited's ability to continue gaining market share against its primary competitor Swiggy, indicating strong competitive positioning in the market.

Growth Challenges and Opportunities

While acknowledging competition-led near-term growth pressure, Goldman Sachs identifies several positive factors supporting their bullish stance:

• Multiple levers available for margin expansion
• Strong long-term growth visibility
• Sustained competitive advantages over rivals

Analyst Outlook

The maintained Buy rating reflects Goldman Sachs' confidence in Eternal Limited's ability to navigate current market challenges while capitalizing on expansion opportunities. The ₹350 target price suggests the investment bank sees significant upside potential from current levels, supported by the company's strategic initiatives and market positioning.