STOCKWATCH
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E-Retail/ E-Commerce
Quarterly Updates28 Apr 2026, 03:25 pm

Eternal Ltd approves Q4/FY26 results & ₹24.19 Cr tech stack transfer

AI Summary

Eternal Limited's Board of Directors, at its meeting on April 28, 2026, approved the standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. Statutory auditor Deloitte Haskins & Sells issued an unmodified opinion on these results. Additionally, the Board approved an asset transfer agreement with Wasteland Entertainment Private Limited (WEPL), a wholly-owned subsidiary. This agreement involves transferring the technology stack of the District platform and identified employees for a cash consideration of ₹24,19,13,925/- (₹24.19 crore). The transaction, expected to complete by May 1, 2026, aims to improve organizational efficiency and unlock business opportunities. It is classified as a related party transaction conducted at arm's length.

Key Highlights

  • Board approved Q4/FY26 standalone and consolidated financial results.
  • Auditor Deloitte issued an unmodified opinion on the financial results.
  • Approved transfer of District platform tech stack to subsidiary WEPL.
  • Asset transfer consideration is ₹24.19 crore cash.
  • Transaction is related party, at arm's length, for efficiency.
ZOMATO
E-Retail/ E-Commerce
Zomato Ltd

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