Zomato shareholders approve renaming the company to Eternal. 99.75% of votes were in favour on votes polled, said the company about the resolution outcome. Eternal will house four businesses: Food delivery business, quick commerce unit (Blinkit), going-out vertical (District) and B2B grocery supply company (Hyperpure) Zomato’s name change applies to the corporate entity, not the brand or app. The name change comes at a time the company’s core business, food delivery, has seen a slowdown in line with what rival Swiggy has witnessed. The market capitalisation of the Gurugram-headquartered firm’s stock is Rs 1.94 lakh crore. The 52-week low of the stock is £ 144 and 52- week high is £ 304.7. The company’s shares were trading 1.5% lower at Rs 213.5 apiece on the BSE on March 10, at 12:15 pm. The stock is valued at around £1.5 billion.