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Zomato Share Price Spikes After Liquidation Of Inactive Netherlands Subsidiary

  • Zomato's share price rose 3.23% after the announcement of liquidation of its inactive Netherlands subsidiary.
  • Zomato Netherlands, a non-material subsidiary of Zomato, has been inactive and does not contribute to the company's financial performance.
  • The dissolution of Zomato Netherlands is not expected to impact the company's financial performance.
  • Zomato officially changed its name to Eternal Ltd., following approval from the Ministry of Corporate Affairs.

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