Swiggy Limited — Important, 22-04-2025: General Updates
22-04-2025 | 05:52 pm
22-04-2025 | 05:52 pm
The Finance and General Management Committee has approved the allotment of 36,32,264 equity shares following the exercise of employee stock options under Swiggy's ESOP Plan 2015 and ESOP Plan 2021. This increases the paid-up equity share capital from ₹2,28,64,80,881 to ₹2,29,01,13,145. The company is progressing with listing the newly allotted shares, which will carry the same rights as existing shares. This move could enhance employee loyalty and engagement, potentially boosting operational performance. Watch closely for how this expansion in equity impacts Swiggy's financial structure and market presence.
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