Swiggy will raise Rs 5,000 crore through new shares

Food and grocery delivery firm Swiggy may increase the size of new shares in its upcoming initial public offering to Rs 5,000 crore. Swiggy's board of directors has passed a special resolution to issue new shares worth up to Rs 5,000 crore. Now it will be approved by the shareholders at the EGM on October 3 (…).

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