SUMMARY
Swiggy’s board approved the allotment of 1,28,96,462 equity shares under the Swiggy Employees Stock Option Plan 2024
The shares are being allotted at a face value of INR 1, while the exercise price for the allotted shares also stood at INR 1 per share
As per the stock’s closing price yesterday, the newly allotted equity shares are worth INR 443.31 Cr (around $52 Mn)
Listed foodtech major Swiggy’s board has approved an allotment of 1.28 Cr equity shares under its employee stock option plan (ESOP).
As per the…
