Swiggy Limited — Important, 03-04-2025: General Updates

Swiggy Limited's Nomination and Remuneration Committee has approved the grant of 62,81,566 stock options to eligible employees under the Swiggy Employee Stock Option Plan 2024. Each option, exercisable at ₹1, corresponds to one fully paid equity share. This program aims to enhance employee retention and incentivize performance, aligning staff interests with shareholders. The shares acquired via these options will not have a lock-in period. This initiative could foster a positive outlook among investors by improving employee engagement, although it may dilute earnings per share upon exercise of the options.