Swiggy Limited has capped aggregate foreign ownership at 49.50% on a fully diluted basis, a move designed to align the company with regulations governing Indian owned and controlled entities. The Board of Directors approved the restriction on July 23, 2026, limiting investment from foreign portfolio investors, non-resident Indians, and foreign-owned Indian companies, while excluding the non-repatriation route. This structural adjustment aims to secure regulatory compliance and clarify the company’s governance framework ahead of its upcoming shareholder meeting.

The company has scheduled its 13th Annual General Meeting (AGM) for Tuesday, August 18, 2026, at 3:00 P.M. IST, to be conducted via Video Conferencing or Other Audio-Visual Means. The filing was submitted pursuant to Regulation 30 and Regulation 47 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, read with Schedule III Part A Para A. Additionally, the process complies with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the SEBI Listing Regulations, and the Secretarial Standards on General Meetings issued by the Institute of Company Secretaries of India.

Shareholders will vote on several key proposals, including the deletion of certain individual and institutional nomination rights through special resolutions. These amendments to the Articles of Association intend to clarify the conditions governing the exercise and cessation of nomination rights. In addition to the ownership cap, Swiggy proposed reclassifying its authorised preference share capital into authorised equity share capital. This change does not alter the total authorised share capital but requires an amendment to Clause V of the Memorandum of Association, which will be approved via an ordinary resolution.

Key Proposals for Shareholder Approval

The electronic dispatch of the Annual Report for FY2025-26 was completed on July 24, 2026, in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024, and MCA General Circular No. 09/2024 dated September 19, 2024. Shareholders without registered email addresses were sent letters with weblinks to access the report under Regulation 36(1)(b) of the SEBI Listing Regulations. Members may register their email addresses or PANs by 5:00 P.M. IST on August 4, 2026, to receive future communications electronically.

Remote e-voting will commence on Friday, August 14, 2026, at 9:00 A.M. IST and end on Monday, August 17, 2026, at 5:00 P.M. IST. Only members holding shares as of the cut-off date, Tuesday, August 11, 2026, are eligible to vote. Those wishing to speak during the AGM must register between August 5 and August 8, 2026. Cauveri Sriram, Company Secretary and Compliance Officer, confirmed that the Board meeting commenced at 3:30 P.M. and concluded at 4:10 P.M. on July 23, 2026.

Swiggy Limited has published its Annual Report for the financial year ended March 31, 2026, disclosing strong platform-wide growth across all major business segments, a significantly strengthened balance sheet, and continued progress on its sustainability agenda. The report was filed with BSE Limited and the National Stock Exchange of India Limited on July 24, 2026.

Platform-Level Financial Performance

The company's platform-level metrics reflect broad-based expansion during FY 2025-26. The following table summarises key platform and financial indicators:

More than 35% of users engaged with multiple Swiggy services during the year, reflecting growing cross-pollination across the platform's integrated ecosystem. The platform covered 720+ cities, up from 718 in the previous year, and had 649k average monthly transacting delivery partners, up 25.9% year-on-year.

Segment-Wise Performance

Food Delivery

Food Delivery delivered strong momentum, with GOV growing 20.2% year-on-year to INR 34,593 Crores. Orders increased 13.6% to 714 million, while average MTUs grew 19.2% to 17.5 million. Average Order Value rose to INR 484. Contribution margins expanded to approximately 7.5% of GOV, and Adjusted EBITDA crossed INR 1,000 Crores, with Adjusted EBITDA margins reaching approximately 2.9% of GOV. Key initiatives including Bolt, 99 Store, EatRight, DeskEats, and Food on Train contributed to category expansion and user engagement.

Quick Commerce (Instamart)

Instamart recorded GOV growth of 94.1% year-on-year to INR 28,496 Crores, while Net Order Value (NOV) grew 69.9% to INR 20,210 Crores. Orders increased 44.4% to 412 million. Average Order Value rose from INR 514 to INR 691, supported by broader assortment and higher non-grocery adoption. Average MTUs grew 73.7% to 12.3 million. Contribution margin improved to (2.8%) of GOV from (4.0%) in the previous year. The dark store network reached 1,143 active stores, up from 1,021, with total active dark store area of 4.8 million sq. ft.

Out-of-Home Consumption

Out-of-Home Consumption delivered its first full year of profitability. GOV grew 50.6% year-on-year to INR 4,645 Crores, Adjusted Revenue increased 67.3% to INR 412 Crores, and total transactions grew 58.4% to 15.1 million. Adjusted EBITDA reached INR 29 Crores, with a margin of 0.6% of GOV. Average monthly active restaurants grew 30.2% to 46,602.

Supply Chain and Distribution

The Supply Chain and Distribution segment reported revenue of INR 10,935 Crores in FY 2025-26, compared to INR 6,418 Crores in FY 2024-25. Adjusted EBITDA was INR (192) Crores.

Platform Innovations

Platform Innovations, which includes newer service experiments such as Toing and Crew, reported Gross Revenue of INR 389 Crores in FY 2025-26 and Adjusted EBITDA of INR (197) Crores.

Capital Raise and Balance Sheet Strengthening

During FY 2025-26, Swiggy completed a Qualified Institutional Placement (QIP) of INR 10,000 Crores, described as the second-largest non-BFSI QIP in India, with the issue seeing more than 4x demand from domestic and global investors. Additionally, the monetisation of the company's stake in Roppen Transportation Services Private Limited (Rapido) unlocked approximately INR 2,400 Crores. Together, these actions reinforced the company's capital base and strategic flexibility.

Standalone Financial Highlights

On a standalone basis, revenue from continuing operations grew to INR 8,258 Crores in FY 2025-26 from INR 6,667 Crores in FY 2024-25. Profit before tax from continuing operations stood at INR 416 Crores, compared to a loss of INR (157) Crores in the previous year. The standalone results also reflect the classification of the Instamart business as discontinued operations, with a loss before tax from discontinued operations of INR (3,835) Crores for FY 2025-26.

ESG and Sustainability Highlights

Swiggy achieved an 'AA' rating in the 2025 MSCI ESG Ratings assessment and a 'Leader' status with a score of 78 from NSE Sustainability Ratings & Analytics. Key environmental milestones during FY 2025-26 include:

• EV Fleet: Doubled since FY 2024-25, marking a 14x jump from the original baseline; avoided over 13,300 tCO2e emissions
• Eco Saver Feature: Eliminated 8.9 million kilometres of travel, preventing 812.6 metric tonnes of CO2e emissions
• Cutlery Opt-Out: Achieved more than 96% user adoption rate, avoiding 4,797 tonnes of CO2e
• Solar Power: Installed across 7 major warehouses with a total capacity of 2.2 MW, resulting in an annual reduction of 3,000 metric tonnes of CO2 emissions
• Cloud Optimisation: Avoided over 1,300 MtCO2e in carbon emissions during FY 2025-26

The company also distributed 225,995 meals to underserved populations during FY 2025-26 in collaboration with Haldirams and the Robin Hood Army.

Corporate Governance and AGM

The 13th Annual General Meeting of Swiggy Limited is scheduled for Tuesday, August 18, 2026, at 3:00 p.m. (IST) through video conferencing. Key agenda items include adoption of audited financial statements, re-appointment of Mr. Ashutosh Sharma as Non-Executive Nominee Director, re-classification of authorised share capital, approval of a 49.50% cap on aggregate foreign ownership, and amendments to the Articles of Association. As of March 31, 2026, the Board comprised 8 directors, including 4 independent directors. The company had a workforce of 8,052 employees across its business verticals as of FY 2025-26.