Swiggy CEO’s FY26 pay jumps to ₹551 crore after ESOP exercise

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Swiggy CEO Sriharsha Majety’s reported remuneration surged to ₹551.2 crore in FY26 after exercising employee stock options worth ₹549.3 crore. His actual cash salary and incentive stood at ₹1.9 crore, while the rest reflected the taxable value of ESOPs exercised during the year.

By Yoosef K  July 24, 2026, 5:58:50 PM IST (Published)
Swiggy CEO's FY26 pay jumps to ₹551 crore after ESOP exercise

Swiggy Managing Director & Group CEO Sriharsha Majety exercised employee stock options (ESOPs) with a perquisite value of ₹549.3 crore in FY26, taking his total reported remuneration for the year to ₹551.2 crore. His cash remuneration, comprising salary, allowances and performance-linked incentive, stood at ₹1.9 crore.

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