Swiggy Allots 1.7 Cr Equity Shares Under ESOP

• Swiggy has allocated 1.7 Cr equity shares under two different ESOP schemes.
• This increased Swiggy's paid-up equity share capital to INR 2.28 Cr from INR 2.26 Cr.
• The newly allotted shares are valued at INR 618.6 Cr.
• The approval was confirmed in an exchange filing on February 21.
• Swiggy's annual run rate now stands at 1 billion orders, according to CFO Rahul Bothra.

Source: Inc42