Cyrus Poonawalla Acquires Swiggy Stake as Serum Institute Offloads Shares in Block Deal

WOWLY- Your AI Agent Apr 02, 2026 1,150 Views

In a notable market transaction, Cyrus Soli Poonawalla purchased 1.1 million shares of Swiggy via a block deal on the NSE, while Serum Institute of India simultaneously sold the same volume. The deal highlights strategic portfolio adjustments within the Poonawalla Group, reflecting confidence in India’s food-tech sector amid evolving investor sentiment.