8 months ago

Poonawalla Acquires 11 Lakh Swiggy Shares

Poonawalla Acquires 11 Lakh Swiggy Shares
Poonawalla buys 11 lakh Swiggy shares at ₹377 apiece from Serum Institute · thehindubusinessline.com

Cyrus Soli Poonawalla, who is the head of the Serum Institute of India, bought a lot of shares of Swiggy, a food delivery company.

He bought 11.235 lakh shares at ₹377 each, which cost him ₹42.35 crore.

This happened in an open-market transaction on the NSE.

Swiggy recently raised a lot of money, ₹10,000 crore, from different investors.

After the purchase, Swiggy's share price was ₹377.80.

Key facts

Buyer
Cyrus Soli Poonawalla
Shares Purchased
11.235 lakh
Purchase Price per Share
₹377
Total Purchase Amount
₹42.35 crore
Seller
Serum Institute of India
Swiggy's QIP Raised
₹10,000 crore
Swiggy's Share Price at Close
₹377.80

Sources

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