In a significant development at Eternal , more than 140 executives have exercised employee stock options (ESOPs) worth Rs 419.00 crore over July 29 and 30. This massive exercise was spearheaded by Blinkit CEO Albinder Dhindsa, who alone accounted for over half of the total value.

Key Highlights

• Albinder Dhindsa converted options to buy seven million Eternal shares worth Rs 214.51 crore.
• 31 other top executives converted options worth more than Rs 1.00 crore each.
• Nearly half of the 32 executives exercising high-value options were from Blinkit.

Notable Participants

Several key figures participated in this ESOP exercise, including:

• Hyperpure CEO Rishi Arora
• Food delivery CEO Rakesh Ranjan
• Rakesh Ranjan's successor Aditya Mangla
• Corporate development head Kunal Swarup

The executives exercising these options represented various entities within the Eternal ecosystem, including Blinkit, Zomato, Hyperpure, and District.

Stock Performance and Company Valuation

Eternal's stock has been performing strongly, reaching its highest levels in the past seven months. The stock closed at Rs 300.80 per share, valuing the company at Rs 2.90 lakh crore.

Blinkit's Growth and Impact

Blinkit, a key player in Eternal's portfolio, has shown remarkable growth:

• Gross Order Value (GOV) increased 140% year-on-year to Rs 11,821.00 crore for the quarter ended June 30.
• Blinkit's GOV surpassed Zomato's GOV of Rs 10,769.00 crore for the first time.
• 243 dark stores were added during April-June, bringing the total store count to 1,544.
• Plans are in place to reach 2,000 stores by December and 3,000 stores over time.

Financial Performance

Despite the impressive growth in some areas, Eternal faced challenges:

• Net profit decreased by 90% to Rs 25.00 crore.
• The decline is attributed to competitive intensity and rapid expansion efforts.

This ESOP exercise demonstrates confidence in Eternal's future among its top executives, particularly from the Blinkit team. However, the company faces the challenge of balancing rapid growth with profitability in a competitive market landscape.

Eternal Limited , formerly known as Zomato Limited, has announced the completion of the dissolution process for its step-down subsidiary in Malaysia. The company confirmed that Zomato Malaysia Sdn. Bhd. has been officially dissolved, effective August 08, 2025.

Key Details

• Subsidiary Dissolved: Zomato Malaysia Sdn. Bhd.
• Effective Date: August 08, 2025
• Prior Intimation: February 15, 2024

Background

Eternal Limited had previously informed stakeholders about the impending dissolution on February 15, 2024. The recent announcement marks the conclusion of this process, indicating the company's strategic move to streamline its international operations.

Corporate Disclosure

The dissolution was disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sandhya Sethia, Company Secretary & Compliance Officer of Eternal Limited, signed the official communication to the stock exchanges.

Company Information

Investors and stakeholders can find additional information about this development on the company's official website, www.eternal.com .

This move aligns with Eternal Limited's ongoing efforts to optimize its global structure and operations. As the company continues to evolve from its origins as Zomato Limited, such strategic decisions may reflect its adapting business focus and international strategy.