Zomato Receives Regulatory Approval to Change its Name to Eternal Ltd.

Zomato, a food delivery service founded by Deepinder Goyal, reported that the Ministry of Corporate Affairs (MCA) had approved the company's name change to Eternal Limited, which would take effect on March 20, 2025.  In a regulatory filing, Zomato stated that the company's name would be changed to "Eternal Limited" as of March 20, 2025, and that the company's articles of association and memorandum would also be modified to reflect the name change.  This comes after an update earlier this month in which the Gurugram-based company's shareholders requested their approval to rename its parent company Eternal Ltd.

Deepinder Goyal, the founder and CEO of Zomato, wrote to shareholders last month to inform them that the company's board had authorised the move, and he requested their support.  The corporate website of the brand will change from zomato.com to eternal.com if and when it is approved.  "We will also change our stock ticker," he stated.  Additionally, he explained that the choice to publicly rename the business was consistent with Blinkit emerging as a key force in its future.

From Foodiebay to Zomato to Eternal

This is the second time the corporation has changed its name.  Established in 2008 under the identity of Foodiebay, it changed its name to Zomato in 2010.  With Blinkit (rapid commerce), Hyperpure (B2B food supply), and District (dining and events) as important pillars of its varied business strategy, the move demonstrates the company's growth beyond food delivery.  According to a media report, Zomato will change its stock ticker from ZOMATO to ETERNAL as part of this transition, as well as move its corporate website from zomato.com to eternal.com.  On March 5, Goyal outlined the top priorities for each of the four companies under Eternal in an interview with a major media outlet.

Approval Aligns with Zomato’s Special Resolution

The permission comes after Zomato's shareholders approved a special resolution via postal ballot on March 10, 2025.  The business made it clear that the name change only pertains to the corporate entity and has no bearing on the identification of its app or brand.  The modification is a component of a larger plan to adapt to the changing business interests of the organisation. The management started using the brand name 'Eternal' internally after acquiring Blinkit, Goyal said, to distinguish the company from the Blinkit app/brand.  On February 6, 2025, Zomato's board of directors first authorised the decision, pending shareholder and regulatory approval.