Swiggy Limited — Others, 03-04-2025: Shareholders meeting

Swiggy Limited has announced the results of its recent postal ballot, where shareholders approved two special resolutions via remote e-voting. The first resolution amends the Swiggy Employee Stock Option Plans (ESOP) for 2015, 2021, and 2024 through a trust structure. The second resolution provides financial assistance to the Swiggy Employee Stock Option Trust for ESOP implementation. With approximately 89.33% and 92.50% support for the resolutions respectively, this approval reflects strong backing from institutional and non-institutional shareholders. The outcomes highlight a strategic focus on talent retention through enhanced employee incentives, likely fostering positive investor sentiment around Swiggy’s governance and growth strategy.