In an exchange filing on Thursday, Swiggy stated that its resolution on the Amendment of Articles of Association received 72.36 per cent votes of shareholders, falling short of the required threshold by 2.65 per cent.

Swiggy failed to get enough shareholder votes for Articles amendments linked to Indian-owned company status under FEMA regulations.

In an exchange filing on Thursday, Swiggy stated that its resolution on the Amendment of Articles of Association received 72.36 per cent votes of shareholders, falling short of…

Happy Friday! Swiggys move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in todays ETtech Morning Dispatch.

Swiggy fell short of the required shareholder threshold to amend its AoA for Indian-owned and controlled company (IOCC) status, though shareholders overwhelmingly approved the…

Swiggy faces shareholder setback as proposals for board appointments are rejected amid increasing financial losses and governance concerns.

BENGALURU: Swiggy shareholders have voted against proposed changes to the company's Articles of Association, preventing the planned appointments of CFO Rahul Bothra and cofounder…