Eternal Ltd

Eternal Ltd Allocates ₹2,137 Crore for Dark Stores & Warehouses Expansion 📦

• Raised ₹8,500 crore through QIP by selling 33,64,73,755 equity shares at ₹252.62 per share

• Net proceeds totaled ₹8,436.12 crore

• Allocation breakdown:

- ₹2,137 crore for dark stores and warehouses

- ₹2,492 crore for advertising and marketing

- ₹1,769 crore for technology infrastructure

- ₹2,038.12 crore for general corporate purposes

• ₹1,332.09 crore of general corporate funds already utilized

• Unutilized proceeds of ₹2,838 crore temporarily invested, earning ₹219.38 crore in returns

• All projects remain on schedule with necessary approvals obtained