Swiggy share price jumps 6% after this foreign investment update. Do you own?

Swiggy shares surged 6 percent intraday to around Rs 264 on the BSE after the food delivery platform disclosed that aggregate foreign investment (FDI, FPI and indirect) had fallen to about 49.76 percent of its fully diluted paid-up equity share capital as of July 6, 2026, making domestic ownership cross 50 percent at 50.24 percent. The disclosure was made under SEBI LODR Regulation 30 and supports Swiggy's ongoing efforts to qualify as an Indian Owned and Controlled Company (IOCC), though a prior special resolution to amend its Articles of Association had failed to secure the required 75 percent shareholder approval (it received 72.36 percent). The stock remains around 44 percent below its 52-week high of Rs 473, with a 52-week low of Rs 235.85 touched in June 2026.