Eternal Limited
Kotak Mutual Fund increased its stake in Eternal Limited from 2.68% to 3.02%, buying 33,351,801 shares for approximately ₹1,035.7 crore at ₹310.50 per share.
One of India's leading online food service platforms, this company operates a comprehensive marketplace connecting customers with restaurants and food delivery partners across multiple cities. The platform offers food delivery, dining-out services, loyalty programs, and other consumer engagement offerings, serving as a key facilitator between consumers and the food and beverage industry while building a digital ecosystem for culinary commerce.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.