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Eternal’s board approved the proposal to cap the foreign ownership at 49.50% on a fully diluted basis today
The investors whose shareholding will be capped include FDI, foreign portfolio investors and non-resident Indians (NRIs)
While foreign investors shed 3% of their stakeholding in the company at the of the March quarter, domestic investors gained similar shareholding in the company
Zomato and Blinkit parent Eternal will soon cap the foreign ownership in the company…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Eternal’s board approved the proposal to cap the foreign ownership at 49.50% on a fully diluted basis today
The investors whose shareholding will be capped include FDI, foreign portfolio investors and non-resident Indians (NRIs)
While foreign investors shed 3% of their stakeholding in the company at the of the March quarter, domestic investors gained similar shareholding in the company
Zomato and Blinkit parent Eternal will soon cap the foreign ownership in the company…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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