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Board Meeting Outcome
Swiggy Board Meeting Outcome
Swiggy announced the outcome of its board meeting, approving the 13th AGM, foreign ownership caps, and amendments to its Articles and Memorandum of Association.
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Swiggy announced the outcome of its board meeting, approving the 13th AGM, foreign ownership caps, and amendments to its Articles and Memorandum of Association.
Swiggy Limited's Board approved altering its Articles of Association to rationalize nomination rights. Key changes include granting Mr. Sriharsha Majety and Mr. Phani Kishan Addepalli specific Board nomination rights, while deleting rights for Accel and Softbank. These amendments require shareholder approval via postal ballot.