Its board approved the allotment of 38,86,049 equity shares under the Swiggy Employees Stock Option Plan 2024
Based on the stock’s last close of INR 385.15 per share, the newly allotted equity shares are worth INR 149.67 Cr
Since its listing on the BSE, the stock has lost 6.5% in value
Swiggy’s board has approved an allotment of 38.8 Lakh equity shares under its employee stock option plan (ESOP).
As per the company’s regulatory filing, Swiggy’s board approved…