On July 13, Swiggy's share price dropped by more than 1% following the news that the FSSAI sent nine notices to Instamart. These notices stem from customer reports regarding the delivery of food items that were allegedly spoiled, expired, unsafe, or contaminated. The food safety authority has demanded a comprehensive response and a report on compliance, noting that failure to adhere could lead to legal consequences. Shares were trading at ₹269.1, marking a decline from the prior closing price of ₹273.25.

by shortkt.com✓

7 hours ago