India, April 10 -- Swiggy cofounder Lakshmi Nandan Reddy Obul has resigned from the company's board. Reddy, who held the post of whole time director and head of innovation, resigned to "pursue other professional interests", the company said.
At the same time, Roger Clark Rabalais, a nominee director of investor MIH India Food Holdings (Prosus), also stepped down from the board. He will be replaced by Renan De Castro Alves Pinto.
The company has also appointed cofounder Phani Kishan Addepalli and CFO Rahul Bothra as executive, non-independent, additional directors on the board for a period of five years. Both of them will join the board with effect from June 1.
The company's board also approved amendments to its articles of association ...
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