Swiggy’s Board of Directors has approved raising funds up to ₹10,000 crores through public or private offerings. The fundraising may occur in one or more tranches via qualified institutions placement or other permitted modes. This decision is subject to shareholder and regulatory approvals. An Extraordinary General Meeting will be convened to seek shareholder approval via Video Conferencing.
Fundraising Approval
The Board of Directors of Swiggy has given the green light to raise funds of up to ₹10,000 crores. This fundraising initiative may involve public or private offerings, potentially through qualified institutions placement or other legally permissible methods. This decision was made at a board meeting held on November 7, 2025.
Details of the Fundraising
The company plans to raise the funds in one or more tranches, exploring options such as qualified institutions placement and other methods permissible under applicable laws. The funds will be raised by issuing equity shares to eligible investors. The fundraising is subject to the approval of the company’s shareholders and other regulatory authorities.
Shareholder Meeting
To seek shareholder approval, Swiggy will convene an Extra ordinary General Meeting. This meeting will be conducted via Video Conferencing / Other Audio-Visual Means. Details regarding the meeting’s notice will be submitted to the Stock Exchanges in due course.
Meeting Conclusion
The board meeting commenced at 3:00 p.m. IST and concluded at 3:40 p.m. IST on November 7, 2025. This announcement was made to comply with disclosure requirements.
Source: BSE
