Swiggy to capitalize reserves worth Rs 16,310 Cr to allot bonus shares

Swiggy has passed a special resolution to approve the allotment of 16.31 crore bonus preference shares to 33 existing equity shareholders. The company will capitalize Rs 16,310.56 crore from its reserves to facilitate this bonus allotment.

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Swiggy to capitalize reserves worth Rs 16,310 Cr to allot bonus shares Swiggy has passed a special resolution to approve the allotment of 16.31 crore bonus preference shares to 33 existing equity shareholders. The company will capitalize Rs 16,310.56 crore from its reserves to facilitate this bonus allotment. #Swiggy #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding
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Exclusive: Swiggy to capitalize reserves worth Rs 16,310 Cr to allot bonus shares
Swiggy has passed a special resolution to approve the allotment of 16.31 crore bonus preference shares to 33 existing equity shareholders
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