Delhivery Limited has informed the Exchange about dissolution of Delhivery Bangladesh Logistics Private Limited, a step-down wholly owned subsidiary of the Company
DELHIVERY · price
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Delhivery Limited has dissolved its step-down wholly owned subsidiary, Delhivery Bangladesh Logistics Private Limited, which was incorporated in Bangladesh. This subsidiary was held indirectly through Delhivery Singapore Pte. Limited, a wholly owned Singapore entity of the company. The certified true copy of dissolution was dated November 3, 2025, and the intimation to the exchanges was made on November 4, 2025. This is a continuation of an earlier disclosure made on February 7, 2025, indicating the wind-down process has been in progress. Delhivery's primary business operations remain focused on India, where the bulk of its logistics and supply chain services operate.
This is a routine corporate cleanup of a non-core foreign subsidiary and is unlikely to have any meaningful impact on the company's financials or stock price. Shareholders should view it as housekeeping rather than a strategic shift.