'

Tag: swiggy qip

ICICI Prudential AMC, SBI MF largest investors in Swiggy’s Rs 10,000 crore fundraise
Stock Market

ICICI Prudential AMC, SBI MF largest investors in Swiggy’s Rs 10,000 crore fundraise

Three mutual funds emerged as the biggest buyers in Swiggy’s Rs 10,000 crore qualified institutional placement, holding more than a third of the total issuance. ICICI Prudential AMC, SBI Mutual Fund and Aditya Birla Sun Life Mutual Fund together picked up shares worth around Rs 3,700 crore during the QIP, according to allotment details.ICICI Prudential […]

author
Swiggy’s Rs 10,000 crore QIP will take off after shareholders approved the fundraising. Here’s everything you need to know
Stock Market

Swiggy’s Rs 10,000 crore QIP will take off after shareholders approved the fundraising. Here’s everything you need to know

Swiggy’s Rs 10,000 crore qualified institutional placement (QIP) offering opened on Tuesday, December 9, a day after the food delivery and quick-service giant’s shareholders approved the fundraising plan with overwhelming support.In a regulatory filing on December 8, Swiggy announced that the special resolution was passed at the extraordinary general meeting (EGM), with 99.47% of votes […]

author