Shares of food delivery and quick commerce major Swiggy surged over 7% on Tuesday after the company said domestic ownership had crossed the 50% mark.
In an exchange filing released today, Swiggy said as of July 6, the "aggregate foreign investment in Swiggy Limited including foreign portfolio investment, foreign direct investment and other indirect foreign investment stands at approximately 49.76% of the total paid-up equity share capital of the Company on a fully diluted basis, as per data available from the designated depository."
