ETERNAL LIMITED — Important, 25-11-2024: Updates

Zomato Limited has received communication regarding the upcoming liquidation of its step-down subsidiary, Zomato Internet LLC (ZIL), effective from November 20, 2024. Notably, ZIL has been inactive and under liquidation proceedings as previously outlined in the company's red herring prospectus and subsequent filings. This development has minimal impact on Zomato's operations, considering ZIL's lack of active business operations. Investors should watch closely for any further implications this might have on Zomato’s overall strategy or financial health.