India, Dec. 8 -- Update | December 8, 23:15 IST

Listed foodtech major Swiggy today said its shareholders approved a proposal to raise up to INR 10,000 Cr via qualified institutional placement (QIP).

At the company's first extraordinary general meeting (EGM( for the ongoing fiscal year (FY26), Swiggy'sshareholders granted approval for the fundraise via a special resolution.

"We would like to inform that the resolution as set out in the notice dated November 14, 2025, was passed by the shareholders with the requisite majority," read stock exchange filings.

An analysis of the voting showed that 99.47% of votes were cast in favour of the resolution approving raising capital via QIP, while only 0.52% were against.

Update | October 30, 16:...