The floor price is reportedly set at RS 285 per share, so that the deal is valued at approximately RS 5,368 Crore, according to the report, with reference to sources.
This marks the second exit of Antfin of an Indian company this week. On Tuesday, Ant Group Affiliate Antfin (Nederland) BV dismissed its full interest of 5.84% in one 97 communication, the parent company of Paytm.
The floor price is a 5% discount on today’s closing price of RS 300.05 on the NSE. Eternal shares are arranged today with falls from RS 2.10 or 0.70% over the Tuesday final race.
The parent company of Zomato and Blinkit reported a 90% on an annual basis (yoj) decrease in the consolidated net profit for Q1FY26, on RS 25 Crore compared to RS 253 Crore in the same quarter last quarter. The income from operations amounted to RS 7,167 Crore, an increase of 70% compared to RS 4,206 Crore a year ago.
The strong drop in profit was due to the continuous investments in fast trade segment and going out. “In the field of profitability, the adapted EBITDA fell by 42% Jo to RS 172 CRORE in Q1FY26, largely because of the continuous investments in rapid commercial and outgoing, which was partly corrected by the improvement of the power supply of the EBITDA margin,”% of nov) said a year ago, “% of Nov) said,”% of Nov) to 5.0%, “% of Nov.) to 5.9%,”% of Nov) to 5.9%, “% of Nov.) to 5.9%,”% of Nov.). CFO, Zomato. The net order value (NOV) of Eternal’s B2C companies grew 55% JoJ and 16% Quarterly-on-Quarter to RS 20,183 Crore in Q1FY26.
The company also reported a yojsprong of 15% in its Q1FY26 costs to RS 2,137 Crore, mainly under heads such as ‘delivery and related costs’ and ‘advertising and sales promotion’. Costs were on RS 1,936 Crore in Q4FY25 and RS 1,854 Crore in Q1FY25.
#Antfin #unload #entire #Selang #Eternal #Block #Deal #Report