Following this allotment, Swiggy’s paid-up share capital increased to INR 2.26 Cr from INR 2.23 Cr earlier
With Swiggy’s shares ending Friday’s trading session 2.7% lower at INR 448.85 apiece on the BSE, the newly allotted shares are worth INR 1175.69 Cr
Last year, before its listing, Swiggy initiated its fifth employee stock option plan (ESOP) liquidity programme worth $65 Mn (about INR 543.5 Cr)
Listed foodtech major Swiggy has allotted 2.61 Cr equity shares under its various employee stock option (ESOP)…