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Zomato Dissolves Step Down Subsidiary In United States
20 Aug 2021, 01:06 PM IST 
Earlier, on July 23, Zomato had listed at a premium of 52 per cent at Rs 115 on stock exchanges
Zomato, India's leading food delivery company, has said its step down subsidiary in the United States, Zomato USA LLC (ZUL) has been dissolved and wound up. "ZUL (Zomato USA LLC) was not a material subsidiary of the company (Zomato) and didn't have any business activity and the dissolution of ZUL will not affect the turnover/revenue of the company." Zomato said in a regulatory filing to the stock exchanges.
