Swiggy Limited — Important, 26-02-2025: General Updates

Swiggy Limited has allotted 8,64,417 equity shares following the exercise of stock options under the Swiggy ESOP Plan 2021. This decision, approved by the Finance and General Management Committee, changes the paid-up equity share capital from ₹2,28,17,85,382 to ₹2,28,26,49,799, with each share valued at ₹1. This increase represents a notable adjustment in the company's capital structure as it continues to incentivize and retain talent through employee stock options. The company is currently working on the necessary formalities for the listing of the newly allotted shares. Potential investors should watch closely for any subsequent impacts on shareholder value and operational strategy.