On April 9, 2025, Zomato, the prominent food delivery service, witnessed a 2% decline in its share price during trading as it transitioned to its new identity: Eternal Ltd. This significant change comes after the Ministry of Corporate Affairs (MCA) granted approval for the rebranding on March 20, 2025. The move reflects the company’s evolving business strategy and expansion into various sectors.
A New Era for Zomato
The company announced in an official exchange filing, "We wish to inform you that the Registrar of Companies, Ministry of Corporate Affairs (MCA), has approved the change in name of the Company from ‘Zomato Limited’ to ‘Eternal Limited’, effective March 20, 2025."
This name change is more than just a rebranding; it symbolizes the company’s diverse growth and commitment to its future.
Stock Symbol Transformation
As part of this rebranding, Zomato’s stock symbol will also change.
- Old Symbol: Zomato
- New Symbol: Eternal
This transition will be reflected on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Expanding Horizons
Zomato’s shift to Eternal Ltd aligns with its robust expansion into multiple sectors:
- Zomato: Food delivery services
- Blinkit: Quick commerce solutions
- Hyperpure: B2B supplies
- District: Dining out and restaurant services
These initiatives highlight the company’s commitment to diversifying its offerings and enhancing customer experience.
Looking Ahead
As Zomato embraces this new identity, it sets the stage for future growth and innovation. Investors and stakeholders will be keenly observing how this strategic shift impacts the company’s market position and operational efficiency in the coming months. The rebranding to Eternal Ltd marks a pivotal moment in Zomato’s journey, reinforcing its aspirations in a rapidly evolving industry.
Stay tuned for more updates as this story develops!
