TechInc42about 2 hours ago
SBI Mutual Fund Lifts Swiggy Stake Past 5%
4 min read
SBI Mutual Fund bought 1.18 Cr Swiggy shares on Tuesday, spending about ₹300.6 Cr at the ₹253.90 close. Its holding rose to 5.1%, crossing SEBI's 5% disclosure threshold. The purchase follows Swiggy's shareholder approval to cap foreign ownership at 49.5%, letting Instamart shift to an inventory-led model.
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