Goldman Sachs Offloads ₹169 Crore Worth of Eternal Shares via Block Deal

Global investment banking giant Goldman Sachs has executed another major secondary market transaction involving food tech and quick commerce major Eternal Ltd (the parent company of Zomato and Blinkit), selling equity worth ₹168.67 crore through a block deal. According to exchange filings, Goldman Sachs offloaded 53.37 lakh shares of Eternal at an execution price of ₹316 per share. Institutional investor BofA Securities picked up the entire stake in a corresponding transaction on the national exchanges. ### Persistent Institutional Realignment in Eternal This latest transaction marks a continuation of institutional stake adjustments surrounding Eternal Ltd over recent months: * **Buyer:** BofA Securities Europe SA acquired the full block of 53.37 lakh shares. * **Seller:** Goldman Sachs (via its affiliate entities). * **Deal Size:** ₹168.67 crore (~₹169 crore). * **Execution Price:** ₹316 per share. The block deal comes shortly after similar institutional realignments involving global fund managers and investment arms in Eternal's counter, as major funds rebalance their holdings following strong market performance across quick commerce and food delivery operations. ### Market Context & Financial Snapshot Eternal Ltd, which operates market-leading brands including food delivery giant Zomato and quick-commerce pioneer Blinkit, has seen heightened block deal activity amid rapid top-line expansion and sustained capital deployments into supply chain infrastructure. While core revenue growth across quick commerce remains robust—driven by expanding dark store networks and elevated gross order values—institutional investors continue to evaluate long-term profitability trajectories alongside market share dynamics against primary competitors. Following the block deal execution, market volume in Eternal shares registered a temporary intraday surge, reflecting active institutional absorption without triggering major downside disruption on the broader index.