Zomato liquidates subsidiary in Jordan

Zomato liquidates subsidiary in Jordan

The step-down subsidiary of the company didn't have any active business operations and will not affect the turnover of the company.

FPJ Web DeskUpdated: Wednesday, March 15, 2023, 10:12 AM IST
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Zomato liquidates subsidiary in Jordan | Zomato

Zomato on Wednesday announced the liquidation of Zomato Ireland Limited -Jordan on March 12, 2023, through an exchange filing. The step-down subsidiary of the company didn't have any active business operations and will not affect the turnover of the company.

The subsidiary's contribution to the turnover and net worth is zero, but the net worth of the company is at Rs 5.21 million.

Shares of Zomato

The shares of Zomato on Wednesday at 10:07 am IST was at Rs 51.25, up by 0.99 per cent.

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