Delhivery Limited has informed the Exchange about allotment of 2,30,313 Equity Shares upon exercise of vested Options
DELHIVERY · price
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Awaiting price reaction for this filing.
Delhivery Limited has allotted 2,30,313 equity shares following the exercise of vested stock options by eligible employees under its Employee Stock Option Plan (ESOP). This is a routine corporate action where employees who held vested options chose to exercise them, converting their options into actual shares. The allotment increases the total issued share capital of the company by this number. This type of allotment is part of Delhivery's ongoing ESOP scheme designed to reward and retain employees.
This is a minor dilution event with no material impact on shareholders — the share count rises by ~2.3 lakh shares, which is negligible relative to Delhivery's overall share base, so no significant effect on stock price is expected.