Swiggy Share Price Gains Over 3% as Nandita Sinha Appointed Instamart CEO Effective August 3, 2026

Written by: Team Angel OneUpdated on: 28 Jul 2026, 8:26 pm IST
Swiggy appoints Nandita Sinha as Instamart CEO effective August 3, 2026, after Amitesh Jha resigns to pursue other opportunities.
Swiggy Share Price Gains Over
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On July 28, 2026, Swiggy Limited announced a leadership transition at Instamart, its quick commerce business, as per the exchange filings.  

Amitesh Kumar Jha has resigned as CEO, effective July 28, 2026, to explore new career opportunities. Nandita Sinha will assume the role on August 3, 2026. 

Nandita Sinha's Appointment as Instamart CEO 

Nandita Sinha, with over 20 years of experience in consumer internet and retail, will lead Instamart. She previously served as CEO at Myntra, achieving market share gains and EBITDA profitability in 2024.  

Sinha, an alumna of IIT (BHU) and FMS Delhi, has held leadership roles at Flipkart, Britannia, and Hindustan Unilever. 

Her expertise in consumer understanding and execution is expected to enhance Instamart's product offerings across 131 cities. 

Acknowledgement of Amitesh Jha's Contributions 

Sriharsha Majety, Managing Director & Group CEO of Swiggy, stated, "I am delighted to welcome Nandita Sinha as the CEO of Instamart. Nandita is one of India's most accomplished consumer internet leaders, and I'm enthusiastic about the vision, customer obsession and operational rigor she brings to the team we've built at Instamart.” 

Instamart's Role in Consumer Shopping 

Nandita Sinha, CEO, Instamart, said, "I have long admired what the team at Instamart has built. It's a business with a strong customer-first culture, great talent and significant opportunities ahead. Instamart sits at the heart of how India shops for its everyday needs, and I look forward to working with our colleagues, partners and consumers to shape its next chapter of growth." 

Read More: Dr. Lal PathLabs Share Price Surges 4%; Subsidiaries Approve Acquisitions in Ghana and Neuome Technologies! 

Swiggy Share Price Performance 

As of July 28, 2026, at 2:20 PM, Swiggy share price on NSE was trading at ₹267.24, up by 3.59% from the previous closing price. 

Conclusion 

Swiggy's appointment of Nandita Sinha as Instamart CEO follows Amitesh Jha's resignation. Sinha's extensive experience in consumer businesses is anticipated to enhance Instamart's offerings across 131 cities, while Jha's contributions to growth and differentiation are acknowledged. 

Want to track these market movements in Hindi? Visit Angel One News for daily updates and comprehensive share market news in Hindi. 

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. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jul 28, 2026, 2:56 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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