Swiggy to be excluded from MSCI Global Standard and Mid Cap indices
Swiggy is expected to be excluded from the MSCI Global Standard Index and MSCI Mid Cap Index from September 7, 2026, likely prompting selling by index-tracking funds. Shareholders approved a 49.5% cap on foreign beneficial ownership on August 18, 2026, to shift to an IOCC structure. Despite near-term volatility, Swiggy’s Q1 FY27 consolidated net loss narrowed to ₹791 crore.