Swiggy has completed the sale of all its shares in Lynks Logistics Limited to Trustroot Internet Private Limited. The transaction, finalized on October 15, 2026, results in Lynks Logistics ceasing to be a step-down wholly owned subsidiary of Swiggy Limited.

Transaction details

The divestiture was executed by Swiggy Networks Limited, a material wholly owned subsidiary of Swiggy Limited. The sale of the entire shareholding held by Swiggy Networks Limited in Lynks Logistics Limited to Trustroot Internet Private Limited was completed during the closing hours of October 15, 2026, in accordance with the terms of the transaction documents.

This development follows an earlier intimation dated September 7, 2026. Upon completion of this transfer, Lynks Logistics Limited no longer holds subsidiary status with respect to Swiggy Networks Limited or Swiggy Limited.

The company disclosed this update pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation regarding the cessation of Lynks Logistics Limited as a step-down wholly owned subsidiary has been filed with both BSE Limited and the National Stock Exchange of India Limited.

Swiggy shares flagged a large-trade signal on BSE, with approximately 21,26,406 shares changing hands at ₹237.00, amounting to a combined value of ₹50.40 crore.

This is a real-time large-trade signal, not a confirmed block or bulk deal. NSE/BSE publish official block and bulk deal reports only after market close — this trade may or may not appear there.

Large-trade signal details

The following details were captured from the real-time trade-scanning system for this flagged activity:

The signal reflects a cluster of trades in Swiggy shares printed within a short window at or near ₹237.00, flagged by the system for size and speed. No buyer, seller, broker, or client identity is associated with this signal, as such information is only disclosed by the exchange after market close.

What this signal is and is not

What this is, and isn't: this reflects trade-level activity — a cluster of trades in the stock above, printed within a short window at or near the quoted price, for a combined value as stated. It is generated by our real-time trade-scanning system and is not, by itself, evidence of a block or bulk deal.

A block deal has to be executed in the exchange's dedicated window (8:45–9:00am or 2:05–2:20pm), within a set price band, and above the current minimum order size (₹25 crore). A bulk deal is when one client's total trading in a stock crosses 0.5% of its equity in a single day — confirmed only once every trade that client made is added up.

Both are published by NSE/BSE after trading hours end, typically after 3:30pm — never before. If this trade qualifies as either, it will appear in the exchange's own report later today, not here first.