Shares of food delivery major Swiggy fell. 5% to an intraday low of Rs 266 on the BSE on Monday after the Food Safety and Standards Authority of India (FSSAI) issued nine notices to its quick commerce arm, Swiggy Instamart, over multiple consumer complaints alleging violations of the Food Safety and Standards Act, 2006.
With Monday's decline, Swiggy shares have dropped over 4% over the last two trading sessions.