ETERNAL LIMITED — Important, 18-04-2025: Updates

The Board of Eternal Limited has approved a proposed cap on total foreign ownership of its equity instruments at 49.50% on a fully diluted basis. This includes investments from foreign entities and non-resident Indians, requiring approval from shareholders through a special resolution via postal ballot. A notice regarding this matter will be sent to shareholders and stock exchanges. This move indicates a strategic decision to regulate foreign investment levels in the company, potentially impacting its long-term growth and investor interest. Investors should watch closely as shareholder reactions could influence future capital inflows.