ETERNAL LIMITED — Others, 23-11-2024: Shareholders meeting

Zomato Limited has reported that shareholders passed special resolutions approving a capital raise through a qualified institutions placement, the implementation of multiple employee stock option plans via a trust route, and the provision of an interest-free loan to the Foodie Bay Employees ESOP Trust. These decisions are expected to enhance employee engagement through stock options and strengthen financial flexibility for capital markets, ultimately supporting growth strategies. This announcement could foster a positive outlook among investors, indicating proactive management efforts to incentivize employees and attract investors.