StockWatch
·
E-Retail/ E-Commerce
Quarterly Result22 Jul 2026, 03:10 pm

Eternal Ltd Declares Un-audited Q1 FY27 Results

AI Summary

Eternal Limited announced its unaudited financial results for the quarter ended June 30, 2026, on a standalone and consolidated basis. The board also approved the notice for the 16th Annual General Meeting scheduled for August 26, 2026. Additionally, the company approved a business transfer agreement to sell its 'Nugget by Zomato' business to its wholly-owned subsidiary, Carthero Technologies Private Limited (CTPL), for a cash consideration of ₹35 crore as part of an internal restructuring. The transaction is considered a related party transaction and is at arm's length.

Key Highlights

  • Unaudited standalone and consolidated financial results for Q1 FY27 declared.
  • Board approved notice for 16th Annual General Meeting on August 26, 2026.
  • Business transfer agreement signed for 'Nugget by Zomato' to CTPL.
  • Sale consideration for Nugget Business is ₹35 crore.
  • Transaction is an internal restructuring to streamline corporate structure.