Swiggy Block Deal Alert: Cyrus Poonawalla Acquires 11.2 Lakh Shares Worth ₹42.35 Crore

Billionaire Cyrus Soli Poonawalla has acquired 11.235 lakh shares of Swiggy for ₹42.35 crore through an open-market transaction. This acquisition was executed at an average price of ₹377 per share, sourced from his company, Serum Institute of India. 

Details of the Acquisition 

The share acquisition was conducted via a block deal on the National Stock Exchange. 

Poonawalla, who is the Chairman and Managing Director of Serum Institute of India, completed this transaction at market rates during regular trading hours.  

The deal involved the purchase of 11.235 lakh shares, amounting to a total transaction value of ₹42.35 crore. 

Swiggy's Recent Fundraising Success 

This acquisition follows Swiggy's recent successful fundraising initiative. The food and grocery delivery company raised ₹10,000 crore through a qualified institutional placement (QIP). This QIP attracted significant interest from both domestic and global investors. 

Prominent domestic mutual funds such as ICICI Prudential Mutual Fund, SBI Mutual Fund, and Aditya Birla Sun Life Mutual Fund participated in the QIP. Additionally, global financial institutions including Temasek, Norway's sovereign wealth fund, Vanguard, Capital Group, Nomura, and Goldman Sachs also invested, indicating strong confidence in Swiggy's platform. 

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Swiggy Share Price Performance 

As of January 06, 2026, at 9:20 AM, Swiggy share price on NSE was trading at ₹365.50 down by 3.41% from the previous closing price. 

Conclusion 

Cyrus Poonawalla's acquisition of 11.235 lakh Swiggy shares for ₹42.35 crore highlights a significant investment move following Swiggy's recent QIP. The participation of major domestic and global investors in Swiggy's fundraising underscores the platform's strong market position. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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