India, Feb. 6 -- The board of Zomato has approved the proposal to change the name of the company from 'Zomato Limited' to 'Eternal Limited'.

In an exchange filing, Zomato said that the board also approved the amendment in the Memorandum of Association and Articles of Association to give effect to the name change.

However, the change in the identity is subject to the approval of the shareholders of the company, the Ministry of Corporate Affairs and other applicable statutory authorities, as required.

In a shareholders' letter, founder Deepinder Goyal said that following the acquisition of Blinkit, Zomato started using 'Eternal' internally to distinguish between the company and the brand/app.

"We also thought that we would publicly rena...