Why Swiggy shares fell over 5% today: Foreign ownership cap sparks $460 million passive outflow fears
- Posted on July 24, 2026
- By Business News Today
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- 1 min read
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Why Swiggy shares fell over 5% today: Foreign ownership cap sparks $460 million passive outflow fears
Swiggy shares fell after the company proposed cutting its foreign ownership limit to 49.5% from 100%, raising concerns over its eligibility for major global indices. The move could lead to Swiggy's exclusion from the MSCI Standard and FTSE indices, triggering an estimated $460 million in passive outflows, according to reports.
