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Swiggy Limited ( (IN:SWIGGY) ) has provided an announcement.
Swiggy Limited has announced the grant of 62,81,566 stock options under the Swiggy Employees Stock Option Plan 2024. This move, approved by the Nomination and Remuneration Committee, is aimed at incentivizing and retaining eligible employees. The stock options are convertible into equity shares, each with a face value of ₹1, and are exercisable after a vesting period. This initiative reflects Swiggy’s commitment to employee engagement and may enhance its competitive positioning in the market.
More about Swiggy Limited
Swiggy Limited, formerly known as Swiggy Private Limited and Bundl Technologies Private Limited, operates in the food delivery industry. The company is known for its online platform that connects consumers with local restaurants, offering a wide range of food delivery services across India.
YTD Price Performance: -36.40%
Average Trading Volume: 777,581
See more data about SWIGGY stock on TipRanks’ Stock Analysis page.