SWIGGY · price
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Awaiting price reaction for this filing.
Swiggy filed its Annual Secretarial Compliance Report with BSE and NSE covering the period from November 11, 2024 (date of listing) to March 31, 2025. The report was prepared by V. Sreedharan & Associates, Company Secretaries, and confirms the company has generally complied with applicable SEBI regulations and listing obligations. Two non-compliance observations were flagged in Annexure-01: (1) the Audit Committee did not review Swiggy's investments in its unlisted subsidiary companies, and (2) the board meeting minutes of subsidiary companies were not placed before Swiggy's board. No penalties were imposed and no actions were taken by SEBI or the stock exchanges against the company or its directors during the review period.
These are minor governance lapses in subsidiary oversight with no monetary penalties or regulatory action — unlikely to materially affect the stock price, though investors may flag this as an area needing tighter board-level monitoring of subsidiary activities.