ETERNAL LIMITED — QIP/Rights/Pref., 25-11-2024: Qualified Institutional Placement

Zomato Limited has announced a qualified institutional placement of equity shares at a floor price of ₹265.91 per share. The issue is set to raise funds as approved by the Board and the shareholders, with the trading window for designated persons closed until 48 hours after the issue price is determined. The pricing allows for a discount of up to 5% on the floor price. This initiative is aimed at bolstering the company's financial position, with prospective utilization yet to be detailed. The Company has adopted a preliminary placement document in relation to this issuance.