Swiggy CEO Sriharsha Majety’s FY26 reported pay rises to ₹551 crore on ESOP exercise

Swiggy CEO Sriharsha Majety reported FY26 remuneration of ₹551.2 crore, driven largely by the ₹549.3 crore taxable value of exercised ESOPs. Cash salary and incentive accounted for ₹1.9 crore.

— Filed Fri, 24 Jul, 2026, 18:02 IST · Source CNBC-TV18 · Companies · Updated

Swiggy CEO Sriharsha Majety’s reported FY26 remuneration rose to ₹551.2 crore, largely due to ₹549.3 crore in ESOPs exercised. His cash salary and incentive totalled ₹1.9 crore.

Why this matters

The pay disclosure follows Majety's recent comments on continued capital inflows and quick-commerce competition, while Swiggy pursues a 49.5% foreign-ownership cap to support Instamart's inventory model.

Leadership is steady, with 860 signals in the past 90 days; no quarter-over-quarter change was provided.