MSCI to remove Swiggy from Global Standard and Mid Cap indexes on September 7
The index removal could weigh on Swiggy’s passive fund flows and market visibility, adding an investor-facing risk for the food-delivery and quick-commerce company.
What happened
MSCI will remove Indian food-delivery and quick-commerce company Swiggy from its Global Standard and Mid Cap indexes effective September 7, a move that may
Key facts
- September 7
Why this matters
Lower index visibility and potential share-price pressure could make Swiggy more sensitive to capital-raising terms and strategic partnership opportunities.