Swiggy Limited — Important, 11-08-2025: General Updates

Swiggy has received a GST demand order from the Uttar Pradesh State Goods and Service Tax department totaling Rs 0.67 Cr. This includes GST, interest, and penalty, related to alleged incorrect input tax credit claims for April 2023 to March 2024. Swiggy believes it has strong arguments and plans to file an appeal against the order. The company states this order will have no major adverse impact on its financials or operations.