Swiggy Allots 2.61 Cr Equity Shares Under ESOP Schemes

Swiggy has allocated 2.61 crore equity shares under its Employee Stock Option Plan (ESOP) schemes. The move aims to reward employees for their contributions and retain talent within the company. Swiggy's ESOP scheme is part of its broader strategy to incentivize employees and align their interests with the company's long-term success. The allocation of equity shares reflects the company's growth and the increasing importance of stock-based incentives in retaining top talent in the highly competitive tech and food delivery sectors.