Delhivery Limited has informed the Exchange about allotment of equity shares upon exercise of vested options.
DELHIVERY · price
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Delhivery's Stakeholders' Relationship Committee approved the allotment of 3,62,747 equity shares (face value Re. 1 each) on May 9, 2025, following the exercise of vested stock options. These shares were issued under two employee stock option plans: 1,60,247 shares under ESOP 2012 and 2,02,500 shares under ESOP III 2020. The company raised Rs. 23.64 lakh from this exercise. As a result, the paid-up share capital increased from Rs. 74.57 crore to Rs. 74.61 crore. The newly allotted shares will rank equally with existing shares and carry no lock-in restrictions.
This is a routine ESOP allotment with negligible dilution (~0.05% increase in share count) and no material impact on shareholders or stock price. Existing shareholders may see a very minor per-share value dilution, but the event is standard corporate housekeeping.