Swiggy shareholders back move for Indian-owned status
18/08/2026 15:30
Swiggy shareholders back move for Indian-owned status Aug 18 (Reuters) - Food and grocery delivery firm Swiggy SWIG.NS said on Tuesday that it had received shareholder approval to cap aggregate foreign ownership at 49.5%, paving the way for it to become an Indian-owned and controlled company.
(Reporting by Abinaya V in Bengaluru and Praveen Paramasivam in Chennai; Editing by Joyjeet Das)
((Praveen.Paramasivam@thomsonreuters.com; +91 867-525-3569;))
Recent news on Swiggy
See all newsIndia's Swiggy to deepen Instamart presence in existing markets as losses widen (updated)
Brief: Swiggy Says Transition To Indian Owned, Controlled Entity Will Give A Net Margin Benefit Of About 80 Bps
India's Swiggy posts bigger-than-expected quarterly loss
Citi sees stronger food-delivery momentum at Swiggy citing Eternal commentary
Preview: India's Eternal quarterly results tied to Blinkit growth as AI risk looms, analysts say