Delhivery Grants 31,300 ESOPs to Employees Under 2012 Plan

Delhivery Limited ( (IN:DELHIVERY) ) has issued an update.

Delhivery Limited has granted 31,300 stock options under its 2012 employee stock option plan to eligible staff, with each option convertible into one equity share at a nominal exercise price of Re. 1. The options, which comply with SEBI’s share-based employee benefit regulations, will vest over four years on a staggered schedule starting 12 months from the grant date, reinforcing long-term employee retention and alignment with shareholder interests.

The vesting structure allocates 10% of options after one year, 30% after two years and the remaining options in 15% tranches every six months, exercisable as long as the employee remains with the company. The move modestly expands Delhivery’s potential equity base while signalling continued use of equity-linked compensation to attract and incentivise talent in India’s competitive logistics and e-commerce infrastructure market.

More about Delhivery Limited

Delhivery Limited is a logistics and supply chain services company, offering parcel transportation, warehousing and allied services across India. The company focuses on servicing e-commerce platforms, enterprises and SMEs with technology-driven delivery solutions and nationwide reach.

Average Trading Volume: 208,621

Technical Sentiment Signal: Strong Buy

Current Market Cap: 320.6B INR

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