Swiggy resolves FSSAI licence order on budget app Toing; shares slip 2.8%
FSSAI issued a prohibition order over licence-particular observations for Swiggy's budget food-delivery app Toing, since resolved via a modified licence. No food safety concerns or monetary penalty were flagged, but shares closed 2.8% lower to ₹272.99 amid intensified regulatory scrutiny of food platforms.
Swiggy received an FSSAI prohibition order over licence-particular observations for its budget food-delivery app Toing, since resolved with a modified licence; no food safety concerns or monetary penalty. Shares closed 2.8% lower amid intensified regulatory scrutiny of food platforms.
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