ETERNAL LIMITED — Important, 09-04-2025: Updates

Zomato Netherlands B.V., a step-down subsidiary of Eternal Limited, has initiated a liquidation process, with completion expected within one year, pending necessary approvals. Zomato Netherlands has not engaged in active business operations and contributed nil to the company's revenue or turnover as of March 31, 2024. Its net worth stands at INR 0.32 Crores. The dissolution will not affect the overall performance of Eternal Limited, as Zomato Netherlands is not considered a material subsidiary. This development reflects a continued focus on streamlining operations and reducing excess assets, aligning with the company's strategic direction. Investors should view this as a non-impactful adjustment that may offer a clearer focus on core business activities.