Swiggy Allots Over 8.64 Lakh Shares Under ESOP

The startup said its paid-up equity share capital after the allotment stands increased to INR 2,28,26,49,799 from INR 2,28,17,85,382 earlier

With its shares ending the last trading session at INR 354.35, the worth of newly allotted shares translated to INR 30.62 Cr

The foodtech giant recently announced its plans to invest INR 1,000 Cr in its wholly owned subsidiary Scootsy Logistics Pvt Ltd

Listed foodtech major Swiggy has allotted 8.64 Lakh equity shares under its employee stock option (ESOP) Plan 2021 after…