Eternal Limited, formerly known as Zomato Limited, has announced the incorporation of a new wholly-owned subsidiary, Blinkit Foods Limited. This strategic move, which took place on August 18, 2025, marks a significant step in the company's corporate restructuring efforts.

Incorporation Details

The newly formed entity, Blinkit Foods Limited, received its certificate of incorporation from the Ministry of Corporate Affairs on August 21, 2025. Key details of the incorporation include:

• Corporate Identity Number (CIN): U47222DL2025PLC453320
• Permanent Account Number (PAN): AANCB8469J
• Tax Deduction and Collection Account Number (TAN): DELB30942C

Strategic Implications

This corporate restructuring move by Eternal Limited suggests a potential focus on expanding or streamlining its food-related operations. The name 'Blinkit Foods' implies a possible connection to quick commerce or rapid food delivery services, aligning with the evolving trends in the food tech industry.

Disclosure and Compliance

In compliance with regulatory requirements, Eternal Limited has made the necessary disclosures to the stock exchanges. The company informed that the incorporation details will be available on its official website, www.eternal.com , ensuring transparency for its stakeholders.

Company Background

Eternal Limited, which recently changed its name from Zomato Limited, is a prominent player in the Indian food tech sector. The company's registered office is located at Ground Floor 12A, 94 Meghdoot, Nehru Place, New Delhi - 110019, India.

Market Response

As of the latest available data, the stock market's reaction to this development was not provided. Investors and analysts will likely be watching closely to see how this new subsidiary fits into Eternal's overall business strategy and potential impact on future growth.

The incorporation of Blinkit Foods Limited represents a noteworthy development in Eternal Limited's corporate structure, potentially signaling new directions or focus areas for the company in the competitive food tech landscape.

Eternal , formerly known as Zomato Limited, has received a Goods and Services Tax (GST) demand order of ₹14.76 crore, along with an equal penalty amount, from the Deputy Commissioner, State Tax, Lucknow, Uttar Pradesh. The order, received on August 19, 2025, pertains to the financial year 2020-21 and alleges short payment of tax collected at source and output tax.

Details of the GST Demand

The GST demand order breaks down as follows:

Additionally, interest will be applicable on the GST amount as per the relevant provisions.

Company's Response

Eternal Limited has stated that it believes it has a strong case on merits and plans to file an appeal against the order before the appropriate authority. The company does not expect any financial impact from this matter, indicating confidence in its position.

Regulatory Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Eternal Limited has made a formal disclosure to the stock exchanges.

About Eternal Limited

Eternal Limited, previously operating as Zomato Limited, is headquartered at Ground Floor 12A, 94 Meghdoot, Nehru Place, New Delhi - 110019, India. The company's CIN is L93030DL2010PLC198141.

While this GST demand presents a regulatory challenge for Eternal Limited, the company's stance suggests it is prepared to contest the order. Investors and stakeholders will likely be watching closely as the appeal process unfolds, given the significant amount involved in the demand and penalty.