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ETERNAL LIMITEDBoard Meeting, 22-10-2024: Outcome of Board Meeting

22-10-2024 · 03:34 pm

Zomato Limited's Board approved unaudited financial results for Q2 FY2024, reporting consolidated revenue of ₹4,799 crore. They proposed fundraising of up to ₹8,500 crore through equity shares via a qualified institutions placement, pending shareholder approval. The company also subscribed to 600 equity shares of Byondnxt Smart Home Pvt Ltd. The Board authorized a postal ballot for raising capital, employee stock option plans, and providing interest-free loans to its ESOP Trust.

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