Zomato Shares in Focus after COO for Food Delivery Rinshul Chandra Resigns

The COO of Zomato’s meal delivery division left the firm on April 5 to seek other possibilities. Over the past year, investors in the meal delivery platform’s stock have received gains of 9.83%.

Zomato (now Eternal), an online meal delivery platform, announced in an exchange filing on Saturday, April 5, that the Chief Operating Officer (COO) of the company’s food ordering and delivery divisions has left to pursue other possibilities.

In the BSE filing, Zomato stated, “We would like to inform you that Mr. Rinshul Chandra, COO-Food Ordering and Delivery Business, designated as Senior Management Personnel (“SMP”), has tendered his resignation on April 5, 2025.”

According to the filing data, the COO of the food ordering and delivery company, Rinshul Chandra, resigned on April 5, 2025. The top official’s last employment day is Monday, April 7, 2025.

“I’ve decided to follow new interests and opportunities that fit my changing career and personal objectives. Over the last seven years, it has been an enriching experience. I appreciate the opportunity, trust, and support I have gotten here,” Chandra wrote in his resignation email, which was included in the BSE filing.

Zomato Share Price:

Following Friday’s market session, (Eternal) shares finished 0.09 percent down at ₹210.65, down from ₹210.85 at the previous stock market closing. On Saturday, April 5, the corporation announced the resignation.

Since its listing on the Indian exchange in 2021, Zomato shares have returned 67.38% to investors. Over the past year, the shares have increased by 9.83%. Over the past five trading sessions, Zomato’s stock has risen by 2.21 percent. However, year-to-date (YTD), in 2025, the meal delivery platform’s stock is down 23.82 percent.

According to BSE records, the food delivery giant’s shares reached a 52-week high of ₹304.50 on December 12, 2024, and a 52-week low of ₹146.85 on June 4, 2024. According to Equitymaster research, three significant factors—continued execution in rapid commerce, margin improvement, and sustained order growth—will probably determine Zomato’s stock performance.

Zomato may receive a more significant value multiple from the market if it continues on its present course. However, the research states that volatility might result from any execution error or heightened competition.