Swiggy Updates Board Leadership with Director Changes and Appointments
Swiggy Ltd announced several strategic updates to its Board of Directors following a board meeting held on April 10, 2026. The changes include the resignation of two directors and the appointment of three new directors, effective on staggered dates.The Board considered and approved the resignation of Mr. Roger Clark Rabalais, who stepped down as a Nominee Director, and Mr. Lakshmi Nandan Reddy Obul, who resigned as Whole-Time Director - Head of Innovation, both effective April 10, 2026.
New Appointments to the Board
The company announced two key appointments slated for future dates, both subject to requisite shareholder approvals.- Renan De Castro Alves Pinto (DIN: 03118947) was appointed as an Additional Director (NonExecutive, Non-Independent, Nominee of MIH India Food Holdings B.V.) effective April 11, 2026.
- Phani Kishan Addepalli (DIN: 10074650) and Rahul Bothra (DIN: 08189873) were appointed as Additional Directors (Executive, Non-Independent), effective June 01, 2026.
The appointment of Phani Kishan Addepalli and Rahul Bothra as Executive Directors was noted in a separate press release, reflecting their ongoing contributions to the company.
Director Transition Details
The resignations and appointments are detailed below, showcasing the transition in key leadership roles.| Director Name | DIN | Previous Role/Status | Resignation/Appointment Effective Date | New Role/Status |
|---|---|---|---|---|
| Roger Clark Rabalais | 07304038 | Nominee Director | April 10, 2026 | Resignation |
| Lakshmi Nandan Reddy Obul | 06686145 | Whole-Time Director - Head of Innovation | April 10, 2026 | Resignation |
| Renan De Castro Alves Pinto | 03118947 | N/A | April 11, 2026 | Additional Director (NonExecutive, Non-Independent, Nominee of MIH India Food Holdings B.V.) |
| Phani Kishan Addepalli | 10074650 | N/A | June 01, 2026 | Additional Director (Executive, Non-Independent) |
| Rahul Bothra | 08189873 | N/A | June 01, 2026 | Additional Director (Executive, Non-Independent) |
Profiles of New Board Members
The documentation provided additional background information on the incoming directors.Mr. Renan De Castro Alves Pinto: He is described as a Global corporate finance and technology executive with over 20 years of experience spanning Latin America, North America, Europe, and Asia. His expertise covers corporate finance, M&A, strategy, digital transformation, investor relations, and governance. He is currently the Group CFO of Despegar (Prosus Group).
Mr. Phani Kishan Addepalli: Phani Kishan Addepalli is a Co-Founder and Chief Growth Officer of Swiggy. He is recognized as a key contributor to the organization's major strategic initiatives. He leads the adoption of artificial intelligence among employees and is an IIT Madras and IIM Calcutta alumnus.
Mr. Rahul Bothra: Rahul Bothra is the Group Chief Financial Officer (CFO) of Swiggy. With over two decades of experience, he has been instrumental in shaping the company's financial trajectory. He reportedly led Swiggy's landmark IPO in November 2024 and orchestrated a ₹10,000 crore QIP.
The company noted that Swiggy currently serves nearly 25 million monthly users, enables livelihoods for over 2.5 million gig workers annually, partners with close to 300,000 restaurants, and operates across 700+ cities.
SWIGGY Stock Price Movement
Swiggy Limited shares closed today, climbing 1.51% to settle at ₹275. The stock experienced considerable investor interest, trading on a volume of 7.92 million shares.Source:
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