Zomato dissolves, winds up US subsidiary

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    New Delhi: Ltd. dissolved and wound up its secluded U.S. subsidiary a month after the grocery supplier was listed on the Indian stock exchange.

    Zomato USA LLC (ZUL), a secluded subsidiary of the company, has been wound up and wound up, “said a regulatory filing filed on Thursday.

    Zomato USA is not a material subsidiary of the company and has no business activity and its liquidation will not affect the company’s sales / earnings, she added.

    The company received notice on August 18, 2021 of the dissolution and winding up of Zomato USA LLC effective August 17, 2021, the filing stated.

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