Swiggy shares slide over 2% after FSSAI issues 9 notices over consumer complaints

Swiggy shares fell over 2% on Monday, extending losses for a second session after the Food Safety and Standards Authority of India (FSSAI) issued nine notices to Swiggy Instamart over consumer complaints alleging food safety violations. The regulator has sought a detailed explanation, compliance report and documentary evidence, warning that failure to comply could invite legal action.