TechInc42about 2 hours ago
Swiggy Shareholders Cap Foreign Ownership at 49.5%
2 min read
Over 99.9% of Swiggy shareholders voted to cap foreign ownership at 49.5%, granting IOCC status. This enables Instamart to shift to an inventory-led model, potentially improving profitability. An earlier May attempt failed with only 72% approval.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
