DELHIVERYNSEDelhivery LimitedHighNeutral
Announced Sat, 21 Mar · 08:17 IST

Delhivery Limited has informed about the NCLT order approving the Scheme of Amalgamation

Nclt Scheme FiledStrategic Transactions View source PDF

DELHIVERY · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹425.00
prior close
₹418.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-2.2-2.3-2.5-1.4+1.2+0.5-3.1+1.2+2.1+9.0+5.4+7.3+12.0
Up moveDown movePending
AI summary

The NCLT New Delhi has approved the merger of Delhivery's two wholly-owned subsidiaries — Spoton Logistics Private Limited and Spoton Supply Chain Solutions Private Limited — into Delhivery Limited, with the order dated March 20, 2026. The Appointed Date for the merger has been set as April 1, 2025 (revised from the originally proposed April 1, 2024). Since both transferor companies are fully owned by Delhivery, no new shares will be issued and no consideration is payable to shareholders; the existing investments will simply be cancelled. The transferor companies will stand dissolved without going through winding up, once the certified order is filed with the Registrar of Companies. The merger is aimed at simplifying Delhivery's group structure, cutting compliance costs, and improving operational efficiency.

Likely market impact

This is a purely internal restructuring with no change in Delhivery's shareholding pattern or dilution for existing shareholders, so it is largely neutral for investors. It may lead to modest cost savings and operational simplification over time, with the scheme becoming effective once filed with the ROC.