Board of Eternal approves entering into asset transfer agreement with subsidiary

April 28, 2026 · 4:16 pm IST Source: Business Standard

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At meeting held on 28 April 2026
The board of Eternal at its meeting held on 28 April 2026 has approved the entering of an asset transfer agreement (ATA) between the Company and Wasteland Entertainment (WEPL), wholly owned subsidiary of the Company to transfer the technology stack of District platform, along with its identified employees (collectively referred to as identified assets) for an aggregate consideration of Rs 24.19 crore.

Originally reported by Business Standard.
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