Eternal (Zomato) sees Rs 1,535-cr block deal; shares drop 2.5%

• Eternal Ltd (Zomato/Blinkit parent) executed a block deal of 5.3 crore shares (0.54% equity) worth Rs 1,535 crore at Rs 290.4 per share.
• Following the block deal, Eternal's shares fell 2.5% to close at Rs 285.05 on NSE.
• The transaction followed news of an institutional investor planning to offload up to 0.5% equity.
• Eternal's Q2 FY26 revenue jumped over 183% to Rs 13,590 crore, primarily led by Blinkit, despite a 63% decline in net profit.
• The company infused Rs 2,600 crore into Blinkit in 2025 for network expansion, operating losses, and capital expenditure.

Why It Matters: A major block deal caused Eternal's shares to fall, affecting investors.