Swiggy on new labour codes. (Image: Swiggy) Show Quick Read Summary is AI Generated. Newsroom Reviewed

After Zomato-parent Eternal Ltd. and Zepto showed their support for the new labour codes, Swiggy Ltd. has joined the club and called them a "transformative step", as per an exchange filing on Saturday.

The on-demand convenience firm said that these codes will unlock far-reaching benefits for millions of workers.

While supporting the government's vision of a modern and inclusive social security, Swiggy said it does not anticipate any material impact from the CoSS (the Code on Social Security, 2020) on its business sustainability, cost structure, or long-term financial performance.

The government on Friday notified the four labour codes, which have rationalised 29 existing labour l

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