Swiggy Share Price in Focus; Investor Relations Head Abhishek Agarwal Resigns, CFO Takes Charge

As per The Business Standard report, Abhishek Agarwal, Swiggy's Vice President of Investor Relations, has resigned from his position. The company's Chief Financial Officer, Rahul Bothra, will take over his responsibilities. 

Abhishek Agarwal's Departure from Swiggy 

Abhishek Agarwal has stepped down as the Vice President of Investor Relations at Swiggy. Agarwal, who played a pivotal role in Swiggy's IPO, joined the company before its public listing. 

His responsibilities included managing the IPO process, which involved banker selection, regulatory filings, and investor roadshows. Post-listing, he handled earnings communication and investor engagement. 

Swiggy's Financial Performance 

Swiggy reported a consolidated net loss of ₹1,065 crore in the third quarter of the financial year 2025–26 (Q3FY26), an increase from a ₹799 crore loss in the same quarter the previous year. 

Despite the losses, the company's revenue from operations rose by 53.9% year-on-year, reaching ₹6,149 crore compared to ₹3,993 crore in Q3FY25. 

Read More: IndiGo Share Price Surges Over 4%; Announces Appointment of William Walsh as New CEO! 

Background and Career of Abhishek Agarwal 

Before joining Swiggy, Agarwal was the head of investor relations at Embassy REIT. He also held senior roles at Network18 Media & Investments Limited, Macquarie Capital Securities, and Edelweiss Capital. His next career move is currently unknown, and Swiggy has not provided any official comment on his departure. 

Swiggy's Recent Financial Activities 

Swiggy recently raised ₹10,000 crore through a qualified institutional placement (QIP), following its D-Street debut in 2024, where it raised ₹11,327 crore from public markets.  

These financial activities highlight Swiggy's efforts to strengthen its financial position amidst growing competition in the food and grocery delivery sector. 

Swiggy Share Price Performance  

As of April 01, 2026, at 3:30 PM, Swiggy share price on NSE was closed at ₹265.30 up by 2.02% from the previous closing price. 

Conclusion 

Abhishek Agarwal's resignation marks a significant change in Swiggy's investor relations leadership. With CFO Rahul Bothra taking charge, Swiggy continues to navigate financial challenges while focusing on its growth and operational strategies. 

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