{"id":1010451,"date":"2026-05-28T09:09:15","date_gmt":"2026-05-28T03:39:15","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1010451"},"modified":"2026-05-28T09:16:32","modified_gmt":"2026-05-28T03:46:32","slug":"swiggy-defends-rejected-board-changes-cites-iocc-goal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/28\/swiggy-defends-rejected-board-changes-cites-iocc-goal\/","title":{"rendered":"Swiggy defends rejected board changes, cites IOCC goal"},"content":{"rendered":"<p>Swiggy on Wednesday defended its proposed amendments to its Articles of Association (AoA), saying the changes were intended to support its long-term goal of becoming an Indian Owned and Controlled Company (IOCC) and would not have resulted in concentration of founder control, after shareholders voted down the proposal last week. <\/p>\n<p>The company said the special resolution seeking the amendments had received 72.36% shareholder approval, falling short of the 75% threshold required for passage by 2.64 percentage points.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiggy on Wednesday defended its proposed amendments to its Articles of Association (AoA), saying the changes were intended to support its long-term goal of becoming an Indian Owned and Controlled Company (IOCC) and would not have resulted in concentration of founder control, after shareholders voted down the proposal last week. The company said the special resolution seeking the amendments had received 72.36% shareholder approval, falling short of the 75% threshold required for passage by 2.64 percentage points.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1010451","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1010451"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010451\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1010451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1010451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1010451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}