Zomato Rebrands as Eternal Ltd & Board Approval Under Companies Act

Zomato has announced its decision to rebrand its parent company as Eternal Ltd, with the board approving the name change.

However, the food delivery app will continue to operate as Zomato, CEO Deepinder Goyal clarified.

The rebranding follows Section 13 of The Companies Act, 2013, which mandates Central Government approval and SEBI regulations, requiring a board resolution and 75% shareholder approval.

The ROC verifies name availability and trademark compliance before issuing a new certificate. 

In its exchange filing, Zomato announced that the board has approved amendments to the Memorandum of Association and Articles of Association to implement the name change