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Swiggy shares rally 6% on receiving approval for incorporation of new subsidiary

2025-01-16 04:42:32| The Economic Times

Swiggy's shares rose after the company announced the incorporation of its new subsidiary Swiggy Sports Private Limited, approved by the Ministry of Corporate Affairs. The new entity will engage in sports team ownership, management, and other related activities. Swiggy's share performance showed fluctuations over the past month.


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