Swiggy clarifies board nomination framework amid domestic ownership plans – Business Upturn
Swiggy has addressed queries from institutional investors regarding its proposed board nomination framework, which is part of a broader plan to become an Indian Owned and Controlled Company (IOCC). The company aims to rationalise legacy nomination rights and ensure management continuity and board-level representation for executing its strategic plan. The proposed amendment to the Articles of Association is intended to…
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