The Board of Directors of Eternal Limited (formerly Zomato Limited) has approved sending a postal ballot notice to shareholders regarding key management changes. This includes the re-appointment of four Independent Directors: Aparna Popat Ved, Kaushik Dutta, Namita Gupta, and Sutapa Banerjee, all for five-year second terms beginning in April/March 2026. Additionally, the Board approved the appointment of Deepinder Goyal as Vice Chairman and Non-Executive Director.
Key Board Resolutions Approved
At a meeting held on February 10, 2026, the Board of Directors of Eternal Limited (formerly Zomato Limited) finalized resolutions slated for shareholder approval via postal ballot. The primary focus was on ensuring continuity across key leadership roles, particularly concerning the tenure of its Independent Directors.
Re-appointment of Independent Directors
The Board has recommended the re-appointment of four current Independent Directors, each for a second term of five consecutive years. All proposed terms commence in the first half of 2026:
- Aparna Popat Ved (DIN: 08661466): Term commencing April 19, 2026, through April 18, 2031.
- Kaushik Dutta (DIN: 03328890): Term commencing March 1, 2026, through February 28, 2031.
- Namita Gupta (DIN: 07337772): Term commencing March 1, 2026, through February 28, 2031.
- Sutapa Banerjee (DIN: 02844650): Term commencing April 12, 2026, through April 11, 2031.
For all four directors, confirmation was provided that they are not related to any other directors and are not debarred from holding office by any regulatory authority.
New Vice Chairman Appointment
Furthermore, the Board approved the appointment of Deepinder Goyal (DIN: 02613583) to the new designation of Vice Chairman and Non-Executive Director on the Board. This structural change complements the established governance framework as the company moves forward.
Shareholder Action Required
The necessary postal ballot notice, detailing the re-appointment and appointment resolutions, along with the required disclosures, will be dispatched to the shareholders shortly, following the approval granted by the Board on February 10, 2026.
Source: BSE
