Swiggy Allots 2.61 Cr Equity Shares Under ESOP Schemes

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SUMMARY

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)…



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Swiggy Allots 2.61 Cr Equity Shares Under ESOP Schemes


SUMMARY

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)…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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