Swiggy's Foreign Stake Dips Below 50%, Potentially Unlocking IOCC Status

Post-IPO domestic buying has pushed Swiggy's foreign holding to 49.76%, a threshold that—if control tests are also met—could reclassify it as Indian-owned, easing entry into FDI-capped sectors including multi-brand retail and quick commerce.

ndtv-profit-business · 7/7/2026, 10:04:11 AM · Ask about this →