Shareholder nod is an enabling provision for any company’s fundraise plans. Swiggy’s current fundraise could be launched as early as this week. At the current share price, a Rs 10,000 crore QIP would see over 10 percent equity dilution for Swiggy. This will be the first fundraise for Swiggy since its IPO in November 2024, when it raised around Rs 4,500 crore.Shareholder nod is an enabling provision for any company’s fundraise plans. Swiggy’s current fundraise could be launched as early as this week. At the current share price, a Rs 10,000 crore QIP would see over 10 percent equity dilution for Swiggy. This will be the first fundraise for Swiggy since its IPO in November 2024, when it raised around Rs 4,500 crore.
Swiggy shareholders approve delivery company’s plan to raise Rs 10,000 crore via QIP
