Delhivery Grants 58,250 ESOPs Under 2012 Plan to Strengthen Employee Alignment

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

Delhivery Limited has granted 58,250 stock options to eligible employees under its 2012 Employee Stock Option Plan, with each option convertible into one equity share of face value Re. 1 at an exercise price of Re. 1 per share. The options will vest over a period of up to four years under a staggered schedule approved by the Nomination and Remuneration Committee, reinforcing the company’s long-term employee retention and alignment strategy without immediate impact on its capital structure.

Of the total grant, 53,250 options will vest in tranches beginning 12 months from the grant date, while the remaining 5,000 options will vest between one and four years based on conditions set by the committee. The issuance, made in compliance with SEBI’s share-based benefit regulations, underscores Delhivery’s continued use of equity-linked incentives to attract and retain talent in the competitive Indian logistics and technology-enabled delivery sector.

More about Delhivery Limited

Delhivery Limited is a logistics and supply chain services company, providing parcel transportation, warehousing and related solutions across India. It serves a broad base of enterprise and digital commerce customers, focusing on technology-led delivery, express logistics and fulfillment services in the domestic market.

Average Trading Volume: 229,908

Technical Sentiment Signal: Buy

Current Market Cap: 322.8B INR

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