Delhivery Limited has informed the Exchange about allotment of 1,51,738 Equity Shares upon exercise of vested Options
DELHIVERY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Delhivery Limited has allotted 1,51,738 equity shares following the exercise of vested stock options by employees under its Employee Stock Option Plan (ESOP). This is a routine corporate action where eligible employees have converted their options into actual shares. The allotment increases the total paid-up share capital of the company accordingly. The shares have been issued on the terms of the company's existing ESOP scheme approved by the board and shareholders.
This is a routine ESOP allotment with a small dilution impact on existing shareholders. It signals employee confidence in the company's prospects but is unlikely to materially affect the stock price.