• Price Band fixed at ₹ 371 per equity share to ₹ 390 per equity share of the face value of ₹ 1 each (“Equity Shares”) of Swiggy Limited (the “Company”) • Anchor Investor Bidding Date – Tuesday, November 05, 2024 • Bid /Offer Opening Date – Wednesday, November 06, 2024, and Bid/ Offer Closing Date – Friday, November 08, 2024 • Bids can be made for a minimum of 38 Equity Shares and in multiples of 38 Equity Shares thereafter • For further details, please also see price band advertisement shared as an attachment or view price band advertisement published in Financial Express newspaper dated October 30, 2024 on page no 26.
Bengaluru | November 04 2024: Swiggy Limited, India’s pioneering on-demand convenience platform (the “Company”), proposes to open its initial public offering (“Offer”) on Wednesday, November 06, 2024. Bid/ Offer Closing Date will be Friday, November 08, 2024. Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, that is, Tuesday, November 05, 2024.
The Price Band of the Offer has been fixed from ₹ 371 per Equity Share to ₹ 390 per Equity Share. Bids can be made for a minimum of 38 Equity Shares and in multiples of 38 Equity Shares thereafter. The Offer comprises of a Fresh Issue of Equity Shares aggregating up to ₹ 44,990 million (the “Fresh Issue”) and an offer for sale of up to 175,087,863 equity shares (the “Offer for Sale”) by the Selling Shareholders. .
The Offer includes a reservation of up to 750,000 equity shares of face value of ₹1 each, aggregating up to ₹[•] million, for subscription by eligible employees not exceeding 5% of our post-offer paid-up equity share capital (the “Employee Reservation Portion”). The Offer less the Employee Reservation Portion is hereinafter referred to as the Net Offer.
The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”).
Bengaluru, 2 November 2024: GITAM (Deemed to be University) Bengaluru celebrated Karnataka Rajyotsava 2024 with Namma Kannada Utsava, a vibrant showcase of Karnataka’s rich history, heritage, traditions and culture. Traditional performances like Dollu Kunitha, Veeragase, and Gombe Kunitha highlighted GITAM’s close connection with Karnataka’s people and values, creating a campus that feels local and familiar to students and families alike.
Prof. K.N.S. Acharya, Pro Vice-Chancellor, shared, “Karnataka Rajyotsava at GITAM is our way of celebrating the unity and spirit of Karnataka. This day honours the rich history, language, and traditions that define our state. By celebrating Rajyotsava, we connect our students with Karnataka’s legacy, instilling pride and a sense of belonging that resonates across our campus.”
GITAM Bengaluru is a hub of cultural activity throughout the year, with students coming together to celebrate festivals and days of national and regional importance. While the campus offers a variety of global cuisines, on Karnataka Rajyotsava, students were treated to traditional Karnataka dishes, connecting them more deeply to the local culture.
The event was further elevated by the presence of Padma Shri Manjamma Jogathi and IPS Officer Ravi D Chananna, whose insights and stories resonated with students and families. Manjamma’s journey as a cultural icon embodies the strength and resilience of Karnataka, adding a memorable dimension to the celebration.
ಜಯನಗರ ಐದನೇ ಬಡಾವಣೆಯಲ್ಲಿರುವ ನಂಜನಗೂಡು ಶ್ರೀ ರಾಘವೇಂದ್ರ ಸ್ವಾಮಿಗಳ ಮಠದಲ್ಲಿ ಪರಮಪೂಜ್ಯ ಶ್ರೀ 1008 ಶ್ರೀ ಸುಬುಧೇಂದ್ರತೀರ್ಥ ಶ್ರೀಪಾದಂಗಳವರ ಆದೇಶಾನುಸಾರ ಶ್ರೀ ಮಠದ ಹಿರಿಯ ವ್ಯವಸ್ಥಾಪಕರಾದ ಆರ್ ಕೆ ವಾದೀಂದ್ರಾಚಾರ್ ಅವರ ನೇತೃತ್ವದಲ್ಲಿ ಅಕ್ಟೋಬರ್ 31, ಗುರುವಾರ ಬೆಳಗ್ಗೆ ರಾಯರಿಗೆ ಪಂಚಾಮೃತ ಅಭಿಷೇಕ, ಕನಕಾಭಿಷೇಕ, ವಿಶೇಷ ಅಲಂಕಾರ, ಮಹಾಮಂಗಳಾರತಿ ಹಾಗೂ ಅನ್ನದಾನ ಸೇವೆ ಕಾರ್ಯಕ್ರಮಗಳು ನಡೆದವು. ಸಂಜೆಯ ಕಾರ್ಯಕ್ರಮದಲ್ಲಿ ರಥೋತ್ಸವ, ಗಜವಾಹನೋತ್ಸವ, ಅಷ್ಟಾವಧಾನ, ತೊಟ್ಟಿಲು ಪೂಜೆ ಹಾಗೂ ಸಾಂಸ್ಕೃತಿಕ ಕಾರ್ಯಕ್ರಮದ ಅಂಗವಾಗಿ ಕು|| ಅಹಿಕಾ ನಾಗದೀಪ್ ಮತ್ತು ಸಂಗಡಿಗರಿಂದ ರಾಯರಿಗೆ ಪ್ರಿಯವಾದ “ವೀಣಾ ವಾದನ” ಸೇವೆಗಳು ಜರುಗಿದವು ಎಂದು ಶ್ರೀ ನಂದಕಿಶೋರ್ ಆಚಾರ್ ಅವರು ತಿಳಿಸಿದ್ದಾರೆ.
“ಶ್ರೀ ರಾಘವೇಂದ್ರ ಸ್ವಾಮಿಗಳ ಮಠದಲ್ಲಿ ಈ ರಾಘವೇಂದ್ರ ಸ್ವಾಮಿಗಳ ಬೃಂದಾವನಕ್ಕೆ ತೈಲಾಭ್ಯಂಜನ ಪಂಚಾಮೃತ ಅಭಿಷೇಕ ಮತ್ತು ವಿಶೇಷ ಅಲಂಕಾರ” ಪರಮಪೂಜ್ಯ ಶ್ರೀ1008 ಶ್ರೀ ಸುಬುಧೇಂದ್ರತೀರ್ಥ ಶ್ರೀಪಾದಂಗಳವರ ಆದೇಶದಂತೆ ಬೆಂಗಳೂರಿನ ಜಯನಗರದ ಐದನೇ ಬಡಾವಣೆಯಲ್ಲಿರುವ ನಂಜನಗೂಡು ಶ್ರೀ ರಾಘವೇಂದ್ರ ಸ್ವಾಮಿಗಳ ಮಠದಲ್ಲಿ ದೀಪಾವಳಿ ಹಬ್ಬದ ಪ್ರಯುಕ್ತ ಶ್ರೀಮಠದ ಹಿರಿಯ ವ್ಯವಸ್ಥಾಪಕರಾದ ಆರ್.ಕೆ. ವಾದೀಂದ್ರಾಚಾರ್ಯರ ನೇತೃತ್ವದಲ್ಲಿ ಬೆಳಗ್ಗೆ ವಿಶೇಷ ಪೂಜಾ ವೈಭವ ನೆರವೇರಿತು ಎಂದು ಶ್ರೀ ನಂದಕಿಶೋರ್ ಆಚಾರ್ ತಿಳಿಸಿದರು, ಈ ಸಂದರ್ಭದಲ್ಲಿ ನೂರಾರು ಭಕ್ತರು ರಾಯರ ದರ್ಶನ ಪಡೆದು ಮಂಗಳಾರತಿಯನ್ನು ಸ್ವೀಕರಿಸಿ ಶ್ರೀ ಗುರು ರಾಯರ ಅನುಗ್ರಹಕ್ಕೆ ಪಾತ್ರರಾದರು.
• Succeeds Sandeep Sangwan, who transitions to the role of Global CMO at Castrol
Bengaluru, 30 October 2024: Castrol India Limited, a leading lubricant manufacturer, has announced the appointment of Kedar Lele as its new Managing Director, effective 1 November 2024.
Kedar joins Castrol India after an illustrious two decade-long career at Hindustan Unilever Limited (HUL), where he last served as the Executive Director of the company, responsible for Sales & Customer Development, South Asia. With his deep expertise in leading high-performing teams, driving growth, and fostering innovation, Kedar is set to play a pivotal role in steering Castrol India’s future in the evolving automotive and lubricants industry.
Commenting on the appointment, Rakesh Makhija, Chairman, Castrol India Limited, said, “We are delighted to welcome Kedar to the Castrol India. His vast experience in driving growth and leading large teams in complex markets makes him an outstanding choice to lead Castrol India. I would also like to take this opportunity to thank Sandeep for his exceptional leadership over the past few years. His contributions have been invaluable in strengthening our position in the market, and we wish him success in his new global role.”
Bengaluru has been instrumental in shaping Kedar’s career, offering him his initial professional opportunity in advertising at DDB-Mudra. In this role, he managed a diverse portfolio, including fashion, beverages, foods, and information technology, allowing him to develop a wide range of skills that laid the foundation for future leadership roles. During his time at Hindustan Unilever Limited (HUL) as the Marketing Manager of Kwality Wall’s – the Ice Creams division in Bengaluru, Kedar led impactful initiatives to expand market reach across urban and rural India. His innovative, locally tailored campaigns resonated deeply with consumers and significantly boosted the brand’s visibility and acceptance in the country. Kedar’s strengths include people leadership, strategic business planning, alliances & partnerships, and executing effective go-to-market strategies, all of which make him exceptionally equipped for his leadership role at Castrol India.
Reflecting on his experience in the Silicon Valley of India, Kedar Lele, Managing Director, Castrol India Limited, said, “My time in Bengaluru taught me the value of blending creativity with data-driven strategies. The insights I gained from marketing Ice Creams, a highly consumer-driven category, have shaped my understanding of consumer needs and product appeal, which I will bring to Castrol India. I am eager to foster a similar spirit of innovation here, empowering our team to deliver industry-leading results.”
Castrol India has been a vital contributor to Bengaluru’s automotive ecosystem, with a well-established network of over 600 outlets, including Castrol Auto Service centers, bike points, numerous multi-brand car workshops, and an extensive dealer network, all catering to the city’s diverse automotive and consumer needs. With a dedicated focus on improving access to high-quality lubricant products, Castrol India has expanded its presence across Bengaluru, ensuring that car and bike owners can benefit from advanced lubrication solutions.
To ensure a seamless leadership transition, Kedar has been working closely with the outgoing Managing Director, Sandeep Sangwan, since 1 September 2024. This period of changeover has allowed Kedar to gain strategic insights into the company’s operations and foster strong relationships with key stakeholders.
As part of the leadership shift, Sandeep will assume the role of Global Chief Marketing Officer at Castrol headquarters in London from 1 November 2024.
With Kedar at the helm in India, Castrol is well-positioned for continued success in the Indian subcontinent. The company remains committed to sustaining its market leadership, pushing the boundaries of innovation, and fostering a rewarding environment for its stakeholders.
City Today News 
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