Eternal Ltd Transfers 'Nugget Business' to Subsidiary for ₹35 Cr

Eternal Limited (formerly Zomato Limited) announced a business transfer agreement with its wholly-owned subsidiary, Carthero Technologies Private Limited (CTPL). The company will transfer its 'Nugget by Zomato' business to CTPL for a cash consideration of ₹35 crore. This move is part of an internal restructuring to streamline the corporate structure. The Nugget Business contributed ₹7.20 crore (0.07%) to standalone revenue and had a net worth of ₹10.54 crore (0.03%) as of March 31, 2026. The transaction is considered a related party transaction but is at arm's length. CTPL will operate as a B2B AI-driven support platform. The board also approved unaudited financial results for Q1 FY27 and announced the 16th AGM on August 26, 2026.