India, Feb. 21 -- Listed foodtech major Swiggy has allotted 1.7 Cr equity shares under two different employee stock option (ESOP) schemes.

In an exchange filing on Friday (February 21), the company said it "approved the allotment of 1,71,44,660 equity shares of the Company pursuant to the exercise of stock options by the eligible employees, under Swiggy ESOP Plan 2015 & Swiggy ESOP Plan 2021."

Following the allotment, Swiggy's paid-up equity share capital increased to INR 2.28 Cr from INR 2.26 Cr earlier.

With Swiggy's shares ending Friday's trading session about 3.5% lower at INR 360.7 apiece on the BSE, the newly allotted shares are worth INR 618.6 Cr.

Last month, the company allotted 2.61 Cr equity shares under its various ESOP sch...