Swiggy Limited has announced the relocation of its registered office within Bengaluru, following approval from its Board of Directors during a meeting held on January 29, 2026. The food delivery platform will move its registered office from its current location to a new facility in the eastern part of the city, effective April 1, 2026.

Board Meeting Details

The board meeting commenced at 03:00 p.m. and concluded at 3:35 p.m. on January 29, 2026. The directors approved the change in registered office address in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

Office Relocation Specifics

The company will relocate its registered office within the local limits of Karnataka, maintaining its presence in Bengaluru while shifting to a new location.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015, which mandates disclosure of material events and information. Company Secretary and Compliance Officer Cauveri Sriram signed the regulatory filing, ensuring proper compliance with stock exchange requirements.

Corporate Information

Swiggy Limited, formerly known as "Swiggy Private Limited" and "Bundl Technologies Private Limited," operates under CIN: L74110KA2013PLC096530. The company has informed both BSE Limited (Scrip Code: 544285) and National Stock Exchange of India Limited (Symbol: SWIGGY) about this corporate development.

The relocation represents a strategic move within Bengaluru's corporate landscape, with the new facility located in the K.R. Puram area of Bengaluru East Taluk. The transition timeline provides approximately two months for the company to complete the relocation process before the April 1, 2026 effective date.

Swiggy Limited announced its consolidated financial results for the quarter and nine months ended December 31, 2025, demonstrating robust revenue growth across its business segments despite reporting increased losses. The food delivery and quick commerce platform's performance reflects continued expansion in market presence and operational scale, with management providing detailed insights during the earnings conference call held on January 29, 2026.

Financial Performance Overview

The company's consolidated revenue from operations reached ₹6,148 crore in Q3FY26, marking a substantial 54.0% year-on-year growth from ₹3,993 crore in Q3FY24. Sequential growth was also strong at 10.6% compared to ₹5,561 crore in Q2FY26.

For the nine-month period, revenue from operations totaled ₹16,670 crore, representing a 54.1% increase from ₹10,817 crore in the corresponding period of the previous year. However, the net loss for the nine-month period widened to ₹3,354 crore from ₹2,036 crore.

Segment-wise Performance

Swiggy operates across five key business segments, each contributing to the overall revenue growth:

The Quick Commerce segment showed exceptional growth of 76.1% year-on-year, while the Food Delivery segment, the company's core business, grew by 24.7%. Supply Chain and Distribution also demonstrated strong momentum with 76.1% growth.

Management Strategy and Market Positioning

During the earnings conference call, CEO Amitesh Jha emphasized the company's commitment to quality growth over vanity metrics. The management highlighted their strategic approach of not pursuing growth through excessive discounting, focusing instead on sustainable customer acquisition and retention.

The company reiterated its guidance for achieving contribution margin breakeven in the April-June 2026 quarter, despite competitive pressures in the quick commerce space.

Major Corporate Developments

During Q3FY26, Swiggy completed several significant corporate actions. The company successfully raised ₹10,000 crore through a Qualified Institutional Placement (QIP), allotting 26,66,66,663 equity shares at ₹375 per share to eligible Qualified Institutional Buyers.

The company also completed the sale of its investment in Roppen Transportation Services Private Limited (Rapido) for ₹2,399 crore, with the sale consideration received subsequent to the quarter end. This transaction resulted in a gain of ₹1,350 crore recognized in Other Comprehensive Income during Q2FY26.

Operational Expenses and Competitive Dynamics

Total expenses for Q3FY26 increased to ₹7,298 crore from ₹4,898 crore in Q3FY24, reflecting the company's continued investment in growth and expansion.

Management acknowledged the intense competitive environment, particularly from new entrants offering aggressive discounting. However, they emphasized their focus on structural improvements in assortment, availability, and customer experience rather than participating in what they termed "irrational competition."

Business Restructuring and Future Outlook

Swiggy announced plans to transfer its Instamart business to a newly incorporated step-down subsidiary, "Swiggy Instamart Private Limited," through a slump-sale arrangement. This proposal was approved by shareholders through a postal ballot resolution passed on November 01, 2025.

The company also received ₹31 crore under its Employee Dishonesty Insurance Policy during the quarter, against a claim related to an embezzlement incident reported in the previous financial year. Additionally, the company reported exceptional items of ₹10 crore in Q3FY26, primarily related to the statutory impact of new Labour Codes implemented by the Government of India, which became effective November 21, 2025.

Management expressed confidence in their ability to navigate competitive pressures while maintaining their path toward profitability, emphasizing that their current cash position and strategic focus position them well for sustainable long-term growth.