Zomato Ltd\u00a0has officially received shareholder approval to\u00a0change its corporate name to Eternal Ltd, marking a significant step in the company’s bid to diversify its quick commerce operations. The food-tech giant confirmed the decision in a filing with the stock exchanges.\u00a0<\/small><\/p>\n\n\n\n
However, the change only applies to the corporate entity and not to the Zomato brand or app. The company reassured users that its food delivery service would continue under the same well-known name.\u00a0<\/small><\/p>\n\n\n\n
Shareholders approve name change and document modifications<\/strong><\/p>\n\n\n\n In addition to the name change, shareholders also approved amendments to Zomato\u2019s Memorandum of Association (MoA) and Articles of Association (AoA). These legal documents will now reflect the new corporate identity.<\/p>\n\n\n\n The approval came through a postal ballot, as stated in the company\u2019s official communication dated February 6 and February 7. The scrutiniser\u2019s report detailing the voting outcome was published on March 9.\u00a0<\/small><\/p>\n\n\n\n A strategic shift for the company<\/strong><\/p>\n\n\n\n This rebranding move also aligns with Zomato\u2019s long-term vision as it expands beyond food delivery. Over the years, the company has diversified into various ventures, including Blinkit, Hyperpure, and District, reinforcing its broader tech-driven ambitions.<\/p>\n\n\n\n On February 6, Zomato\u2019s board of directors approved the corporate name change, pending regulatory approvals. This marks a new phase of growth as the company strengthens its position across multiple sectors.<\/p>\n\n\n\n New corporate website and stock ticker<\/strong><\/p>\n\n\n\n As part of this transition, Zomato will update its corporate website from zomato.com to eternal.com. Additionally, its stock ticker will change from ZOMATO to ETERNAL, aligning with the company\u2019s evolving brand identity.\u00a0<\/small><\/p>\n\n\n\n CEO Deepinder Goyal explains the move<\/strong><\/p>\n\n\n\n Zomato\u2019s CEO, Deepinder Goyal, provided insights into the name change in a letter to shareholders. He revealed that after acquiring Blinkit, the company internally started using \u201cEternal\u201d to distinguish between the corporate entity and the Blinkit brand.\u00a0<\/small><\/p>\n\n\n\n \u201cThe complete criteria for who qualifies for access will be determined at a later stage,\u201d Goyal stated, emphasising that this strategic move reflects the company\u2019s expanding ambitions.<\/p>\n\n\n\n What\u2019s next for Zomato (now Eternal Ltd)?<\/strong><\/p>\n\n\n\n The rebranding is expected to strengthen Zomato\u2019s market presence and signal its commitment to long-term growth. With a focus on innovation and diversification, the company aims to maintain its leadership in the competitive food-tech and e-commerce ecosystem.\u00a0<\/small><\/p>\n\n\n\n While the name on legal documents changes, Zomato\u2019s app, service, and brand identity remain unchanged, ensuring a seamless experience for users and partners. <\/small>Zomato shares were down 1.18 per cent at Rs 214.25 apiece at 11:40 am on Monday, March 10. The stock has declined 22.01 per cent, so far, in calendar year 2025.<\/p>\n\n\n\n Eqwires Research Analyst<\/a><\/strong><\/p>\n\n\n\n Top-notch SEBI registered research analyst<\/a><\/strong><\/p>\n\n\n\n Best SEBI registered Intraday tips provider <\/a><\/strong><\/p>\n\n\n\n info@eqwires.com<\/strong><\/a><\/p>\n\n\n\n Telegram <\/a>| Facebook <\/a>| Instagram<\/a><\/strong><\/p>\n\n\n\n Call: +91 9624421555 \/ +91 9624461555<\/em><\/strong><\/p>\n\n\n\n www.eqwires.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Zomato Ltd\u00a0has officially received shareholder approval to\u00a0change its corporate name to Eternal Ltd, marking a significant step in the company’s bid to diversify its quick commerce operations. The food-tech giant confirmed the decision in a filing with the stock exchanges.\u00a0 However, the change only applies to the corporate entity and not to the Zomato brand or app. The company reassured users that its food delivery service would continue under the same well-known name.\u00a0 Shareholders approve … Continue reading “Zomato transforms into Eternal Ltd as it expands beyond food delivery”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":3818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-3817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-sebi-registered-advisory-company"],"_links":{"self":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/comments?post=3817"}],"version-history":[{"count":1,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3817\/revisions"}],"predecessor-version":[{"id":3819,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3817\/revisions\/3819"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media\/3818"}],"wp:attachment":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media?parent=3817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/categories?post=3817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/tags?post=3817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}