Delhivery Limited has informed the Exchange about Incorporation of Wholly Owned Subsidiary in India

Delhivery Limited has informed the stock exchange about setting up a new Wholly Owned Subsidiary (WOS) in India. This is a routine corporate action where the parent company creates a new entity fully owned by itself. The name of the new subsidiary, its specific business activity, and the initial capital have not been detailed in the headline. Such steps are typically taken to ring-fence specific businesses, enter new verticals, or achieve operational and tax efficiencies. Shareholders and the investing public would generally view this as a minor organisational restructuring.