Swiggy share price jumps 5.4% after resignation of CEO Amitesh Kumar Jha

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Swiggy share price rose 5.4% after the company announced the resignation of Amitesh Kumar Jha as CEO of its quick-commerce arm Instamart, effective 28 July. Nandita Sinha has been appointed as the new CEO of Instamart, effective 3 August, and will be designated as a Senior Management Personnel. The company placed on record its appreciation for Jha's contributions during his tenure.