Announced Tue, 28 Jul, 2026 · 12:26 IST

Swiggy Instamart CEO Amitesh Jha resigns; Nandita Sinha named new CEO

Ceo ResignedCeo Appointed ExternalKmp ResignedManagement Changes View source PDF Explain this filing

SWIGGY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.7%Reaction day

₹257.80

prior close

₹272.49

announcement price

In-mkt

timing

Nifty Midcap 150market-0.0%+4.7% vs market

E-Retail/ E-Commerce peers, median of 14sector-0.0%+4.7% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Midcap 150 and 4.7 pts more than its E-Retail/ E-Commerce peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.9

10m

-2.7

15m

-0.8

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.7-0.0+4.7-0.0+4.7

Next day

+11.2+0.8+10.4-1.6+12.8

+14.0+0.4+13.5-0.5+14.4

+10.4+0.9+9.5-1.1+11.5

+11.7+2.1+9.6+2.4+9.3

+12.9+1.8+11.1+2.7+10.2

+12.0+1.6+10.3+1.6+10.4

15d

+6.3+1.9+4.4-1.5+7.8

+9.0+2.5+6.5-0.8+9.8

-0.7-3.8+3.1+0.0-0.7

—————

UpDownMarket · Nifty Midcap 150Sector · E-Retail/ E-Commerce peers, median of 14Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Amitesh Kumar Jha, CEO of Swiggy's quick commerce arm Instamart, resigned on July 28, 2026 to pursue other opportunities. Nandita Sinha, former CEO of Myntra with over 20 years of experience across Flipkart, Britannia and Hindustan Unilever, has been appointed as the new CEO of Instamart effective August 3, 2026. Group CEO Sriharsha Majety thanked Jha for guiding Instamart through a pivotal growth phase and improving contribution margins.

Likely market impact

Planned leadership transition with strong external hire from Myntra likely seen positively by investors for Instamart continuity.