Swiggy’s shareholders have approved capping foreign ownership at 49.5%, allowing it to qualify as an Indian-owned and controlled company. This follows a rejected proposal in May, as over 50% beneficial ownership must be domestic under Indian rules.
​Swiggy’s shareholders have approved capping foreign ownership at 49.5%, allowing it to qualify as an Indian-owned and controlled company. This follows a rejected proposal in May, as over 50% beneficial ownership must be domestic under Indian rules. by Soban News (international And National News)
