Zomato liquidates its Jordan subsidiary

Zomato has informed the bourses that Zomato Ireland Limited – Jordan (“Zomato Jordan”), a step-down subsidiary of the Company located in Jordan stands liquidated w.e.f. March 12, 2023.

As per the Company, Zomato Jordan didn’t have any active business operations and the closure of Zomato Jordan does not affect the turnover/revenue of the Company. Zomato Jordan had nil turnover and it’s net worth stood at INR 5.21 Million.