Eternal Ltd: Monitoring Agency Report for Q1 FY27

Eternal Limited (formerly Zomato Limited) has filed its monitoring agency report for the quarter ended June 30, 2026. The report, issued by ICRA Limited, confirms that the utilization of proceeds from its Qualified Institutions Placement (QIP) is in line with the objects of the issue. The QIP, which raised ₹8,500 Crore, involved the issuance of 33,64,73,755 equity shares at ₹252.62 per share. Net proceeds monitored by ICRA amount to ₹8,436.12 Crore. The company stated there was no deviation from the issue's objectives, and shareholder approval was not required for material deviations.