ETERNAL LIMITED (formerly known as Zomato Limited) has issued a voluntary clarification regarding a news article published in the Economic Times on April 24, 2025, titled ‘Zomato food delivery CEO Rakesh Ranjan steps down; Deepinder Goyal to take charge’.
- The company clarifies that as of the date of the announcement, Mr. Rakesh Ranjan has not tendered any resignation.
- He continues to be part of the leadership team.
- Eternal Group states that internal reshuffling of the leadership team is considered a standard practice to optimize organizational effectiveness.
- The company maintains that such internal communications are not of a material nature and will only communicate material developments as per regulatory requirements.
- This disclosure is made voluntarily and does not qualify as 'material information'.