Swiggy Limited has informed the Exchange that the Finance and General Management Committee, at their meeting held on Tuesday, April 22, 2025, have approved the allotment of 36,32,264 equity shares of the Company pursuant to the exercise of stock options by the eligible employees, under Swiggy ESOP Plan 2015 & Swiggy ESOP Plan 2021
SWIGGY · price
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Swiggy's Finance and General Management Committee approved the allotment of 36,32,264 equity shares on April 22, 2025, following stock option exercises by eligible employees under the Swiggy ESOP Plan 2015 and 2021. As a result, the company's paid-up equity share capital rose from Rs. 2,28,64,80,881 (2,28,64,80,881 shares) to Rs. 2,29,01,13,145 (2,29,01,13,145 shares) of Re. 1 each. The newly issued shares will rank equally with existing shares, and the company is completing listing formalities for them. This represents a minor increase of about 0.16% in total share count.
This is a routine ESOP allotment with negligible dilution (~0.16% increase in share count). Some short-term selling pressure may arise if exercising employees look to exit, but the impact on stock price is expected to be minimal as it reflects normal employee compensation activity.