This transaction will be carried out through issuance and allotment of up to 62.85 crore fully paid-up equity shares of Zomato, having face value of Re 1 each at a price of Rs 70.76 per equity share, it added.
Get latest articles and stories on India at LatestLY. Online food delivery platform Zomato Ltd on Friday said it will acquire Blink Commerce Pvt Ltd (formerly known as Grofers India Pvt Ltd) for a total purchase consideration of Rs 4,447.48 crore in a share swap deal. India News | Zomato to Acquire Blink Commerce in Rs 4,447 Cr Deal.
On Wednesday, the benchmark indices closed flat amid a rally in metal shares. Sensex ended 28 points lower at 54,525 and Nifty gained 2 points to 16,282