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Swiggy IPO: Food delivery company gets shareholder approval for $1.2 billion public issue - Report
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₹3,750 crore ($450 million) in fresh capital, as well as an offer-for-sale (OFS) component worth up to ₹6,664 crore ($800 million), said ET in its report. “...the consent and approval of the shareholders of the company be and is hereby according to create, issue, offer, allot and/or transfer of its equity shares up to an aggregate of ₹37,501 million by way of a fresh issue of equity shares and an offer for sale of such number of equity shares up to an aggregate amount of ₹66,640 million by certain existing shareholders…," the filing read, according to ET news report.
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