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Informative

Swiggy Allots 38.8 Lakh Shares Under ESOP Scheme

Update / Judgement Date

13 Jul 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Corporate ComplianceFinancial Management

Swiggy has allotted 38.8 lakh shares under its ESOP (Employee Stock Option Plan) scheme. This formal allocation of shares to employees under the ESOP scheme signifies a concrete step by the company to reward its workforce. ESOPs are a key tool for talent retention and incentivization, aligning employee interests with the company's long-term success. This move provides employees with a direct stake in Swiggy's growth and potential future valuation.