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Swiggy will raise Rs 5,000 crore through new shares

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Food and grocery delivery firm Swiggy may increase the size of new shares in its upcoming initial public offering to Rs 5,000 crore. Swiggy's board of directors has passed a special resolution to issue new shares worth up to Rs 5,000 crore. Now it will be approved by the shareholders at the EGM on October 3 (…).

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