SWIGGYNSESwiggy LimitedMediumNeutral
Announced Fri, 25 Jul · 17:19 IST

Swiggy Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

SWIGGY · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Swiggy's board has approved the re-appointment of Mr. Shailesh Vishnubhai Haribhakti as a Non-Executive Independent Director for a second term of five years, from January 24, 2026 to January 23, 2031. The move is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Haribhakti is a seasoned Chartered Accountant with over five decades of experience and has held leadership roles across several industry and regulatory bodies, including SEBI committees and the NPS Trust. He has confirmed that he meets the independence criteria under the Companies Act and SEBI Listing Regulations and is not debarred from holding director office by any authority.

Likely market impact

This is a routine governance update with no change in control or strategy. Continuity of an experienced independent director is broadly seen as a positive governance signal for shareholders, though it is unlikely to move the stock price materially.