27
Markets1h 47m ago

Eternal, the parent firm of Zomato and Blinkit, has been issued a GST demand order of more than Rs 9.63 crore by the Andhra Pradesh authorities, including tax, interest and penalty components, effective June 11.

Andhra Pradesh, India

Who
Eternal (Zomato, Blinkit)
What
Eternal, the parent firm of Zomato and Blinkit, has been issued a GST demand order of more than Rs 9.63 crore by the Andhra Pradesh authorities, including tax, interest and penalty components, effective June 11.
When
Thu, 11 Jun 2026 02:17:10 GMT · 1h 47m ago
Where
Andhra Pradesh, India ·
Why
Andhra Pradesh authorities issued a GST demand order to Eternal.
The Frontline Impact

How this affects you

This regulatory update for Eternal, impacting their Zomato and Blinkit subsidiaries, is one of several company-specific announcements likely to influence Indian stock market activity, potentially affecting investor sentiment towards these particular firms.

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