Delhivery Limited has informed the Exchange about Completion of acquisition of Ecom Express Limited
DELHIVERY · price
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Delhivery Limited has completed the acquisition of Ecom Express Limited, taking its total shareholding to 99.87% of Ecom's issued and paid-up share capital on a fully diluted basis. The company has now acquired the balance 21.12% stake, in addition to the shares already purchased earlier. The total purchase consideration for the 99.87% stake is approximately INR 1,369 crores. This follows earlier communications dated April 5, June 17, July 17, and July 19, 2025 regarding the transaction.
Delhivery has now fully consolidated Ecom Express into its operations, strengthening its position in the logistics and e-commerce delivery segment. Shareholders may expect potential revenue synergies and market share gains, though the INR 1,369 crore cash outlay could impact near-term financials.