Nippon India Mutual Fund, acting on behalf of Nippon India Mutual Fund, has disclosed the purchase of shares in SWIGGY LIMITED. This acquisition, made under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, represents a shift in the ownership structure of Swiggy. The fund acquired 5,002,185 shares, increasing its total holding to 14,272,585 shares, which now constitutes 5.1706% of the company’s total voting capital. The transactions occurred between November 13, 2024, and October 26, 2026.
Nippon India Mutual Fund Increases Stake in Swiggy
Nippon India Mutual Fund has formally announced the acquisition of shares in SWIGGY LIMITED. This disclosure is made in compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The fund acquired these shares on behalf of Nippon India Mutual Fund.
Acquisition Details
Prior to the current acquisition, Nippon India Mutual Fund held 13,772,367 shares, representing 4.9894% of Swiggy Limited’s total share capital. The recent purchases added 5,002,185 shares, bringing the total holding to 14,272,585 shares. This new total represents 5.1706% of the total voting capital of Swiggy Limited. The acquisition was conducted through open market purchases over a period from November 13, 2024, to October 26, 2026.
The total equity share capital of Swiggy Limited, both before and after the acquisition, is stated as Rs. 2,76,03,13,555/- (2,76,03,13,555 shares at the face value of Re. 1 per share). The diluted share and voting capital also remains unchanged at this value.
Source: BSE
