Swiggy Authorizes Key Managerial Personnel for Material Event Disclosure Under SEBI Regulations

1 min read     Updated on 11 Apr 2026, 03:17 AM
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Radhika SScanX News Team
AI Summary

Swiggy Limited has authorized three Key Managerial Personnel - MD & Group CEO Sriharsha Majety, CFO Rahul Bothra, and Company Secretary Cauveri Sriram - to determine materiality of events and make disclosures under SEBI LODR Regulations. This authorization ensures compliance with regulatory requirements for material event disclosures to stock exchanges.

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Swiggy Limited has formally authorized three Key Managerial Personnel (KMPs) to determine the materiality of events and information for disclosure purposes under Securities and Exchange Board of India regulations. The company issued this intimation on April 10, 2026, in compliance with Regulation 30(5) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Authorized Key Managerial Personnel

The company has designated three senior executives with the authority to assess material events and make necessary disclosures to stock exchanges:

Sr. No. Name Designation
1. Mr. Sriharsha Majety Managing Director & Group CEO
2. Mr. Rahul Bothra Chief Financial Officer
3. Ms. Cauveri Sriram Company Secretary and Compliance Officer

Regulatory Framework

This authorization aligns with the company's Policy for Determination of Materiality of Events/Information and ensures compliance with SEBI LODR Regulations. Under Regulation 30 of these regulations, listed companies must disclose material events or information that could impact investor decisions or stock price movements.

Contact Information

For material disclosures and regulatory communications, the authorized personnel can be reached at Swiggy Limited's registered office located at Sumadhura Capitol Towers, 3rd-6th Floor – Tower 1, Sy. No. 14 & 158, Pattanduru Agrahara, K R Puram Hobli, Bengaluru East Taluk, Bengaluru, Karnataka – 560066. The company maintains contact through telephone number +080-68422422 and email address secretarial@swiggy.in .

Corporate Details

Swiggy Limited, formerly known as Swiggy Private Limited, operates under CIN: L74110KA2013PLC096530. The company is listed on both BSE Limited with scrip code 544285 and National Stock Exchange of India Limited with symbol SWIGGY. The intimation was signed digitally by Company Secretary and Compliance Officer Cauveri Sriram on April 10, 2026.

Historical Stock Returns for Swiggy

1 Day5 Days1 Month6 Months1 Year5 Years
+0.36%+3.77%+4.16%-30.12%-14.69%-38.49%

What major corporate developments or strategic initiatives might Swiggy be planning that necessitated this formal KMP authorization structure?

How could this streamlined disclosure process impact Swiggy's ability to respond quickly to market opportunities or competitive pressures in the food delivery sector?

Will other major Indian tech companies follow Swiggy's approach to KMP authorization for material disclosures as a best practice?

Swiggy Increases Platform Fee from ₹14.99 to ₹17.58

0 min read     Updated on 24 Mar 2026, 11:19 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Swiggy has increased its platform fee from ₹14.99 to ₹17.58, representing approximately a 17.3% increase. This fee adjustment will impact all customers using the food delivery platform and reflects ongoing pricing optimization in the food delivery sector.

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Swiggy has announced an increase in its platform fee, raising the charge from ₹14.99 to ₹17.58. This adjustment represents a significant change in the food delivery platform's fee structure that will directly impact customers.

Fee Structure Update

The platform fee revision shows the following changes:

Fee Component: Previous Amount New Amount Increase
Platform Fee: ₹14.99 ₹17.58 ₹2.59

This increase amounts to approximately 17.3% higher than the previous fee structure, marking a notable adjustment in Swiggy's pricing model.

Impact on Customers

The fee increase will affect all customers using the Swiggy platform, as the platform fee is typically applied to orders placed through the service. This adjustment forms part of the overall cost structure that customers encounter when using the food delivery platform.

The revised fee structure reflects ongoing changes in the food delivery sector as platforms continue to adjust their pricing mechanisms. Customers will need to factor in the higher platform fee when placing orders through the service.

Historical Stock Returns for Swiggy

1 Day5 Days1 Month6 Months1 Year5 Years
+0.36%+3.77%+4.16%-30.12%-14.69%-38.49%

How will this fee increase affect Swiggy's customer retention and order volumes in the coming quarters?

Will competing food delivery platforms like Zomato follow suit with similar platform fee hikes?

What impact might this pricing change have on Swiggy's path to profitability and unit economics?

More News on Swiggy

1 Year Returns:-14.69%