Swiggy Limited has informed the Exchange regarding Resignation of Mr Sahil Barua as Non- Executive Independent Director of the company w.e.f. April 11, 2025.
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Mr Sahil Barua has resigned from the board of Swiggy Limited as a Non-Executive Independent Director, effective April 11, 2025. Mr Barua, who is also the CEO of Delhivery, served as an external independent director on Swiggy's board. The company has not disclosed the specific reason for his resignation in this filing. The board will now need to fill this vacancy in line with SEBI and Companies Act requirements.
This is a routine board change with no immediate financial impact on shareholders. The resignation may slightly reduce board diversity, but Swiggy remains well-governed. Investors should watch for the appointment of a replacement independent director in due course.