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E Commerce

Swiggy Allots 1.7 Cr Equity Shares Under ESOP Schemes


SUMMARY

Swiggy has allotted 1.7 Cr equity shares under two different employee stock option (ESOP) schemes

After which Swiggy’s paid-up equity share capital increased to INR 2.28 Cr from INR 2.26 Cr earlier

The newly allotted shares are worth INR 618.6 Cr

Listed foodtech major Swiggy has allotted 1.7 Cr equity shares under two different employee stock option (ESOP) schemes. 

In an exchange filing on Friday (February 21), the company said it “approved the allotment of 1,71,44,660 equity shares of the Company pursuant to…



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