{"id":1023720,"date":"2026-07-25T09:47:15","date_gmt":"2026-07-25T04:17:15","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1023720"},"modified":"2026-07-25T09:49:43","modified_gmt":"2026-07-25T04:19:43","slug":"swiggy-board-approves-49-5-foreign-ownership-limit-to-obtain-iocc-status","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/25\/swiggy-board-approves-49-5-foreign-ownership-limit-to-obtain-iocc-status\/","title":{"rendered":"Swiggy board approves 49.5% foreign ownership limit to obtain IOCC status"},"content":{"rendered":"<p>In an effort to meet India\u2019s foreign exchange restrictions and become an Indian-owned-and-controlled company (IOCC), Swiggy\u2019s board has approved a proposal aimed at limiting the company\u2019s total foreign ownership at 49.5 per cent on a fully diluted basis. <\/p>\n<p>According to a regulatory filing, the plan will be presented to shareholders for approval through a special resolution at the company\u2019s 13th Annual General Meeting (AGM), which is set for August 18.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In an effort to meet India\u2019s foreign exchange restrictions and become an Indian-owned-and-controlled company (IOCC), Swiggy\u2019s board has approved a proposal aimed at limiting the company\u2019s total foreign ownership at 49.5 per cent on a fully diluted basis. According to a regulatory filing, the plan will be presented to shareholders for approval through a special resolution at the company\u2019s 13th Annual General Meeting (AGM), which is set for August 18.<\/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":[91,4,24],"tags":[],"class_list":["post-1023720","post","type-post","status-publish","format-standard","hentry","category-it-2-the-tribune","category-newspapers","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023720","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=1023720"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023720\/revisions"}],"predecessor-version":[{"id":1023747,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023720\/revisions\/1023747"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1023720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1023720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1023720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}