Delhivery Limited has informed the Exchange about grant of Stock Options under Delhivery Employees Stock Option Plans
DELHIVERY · price
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Delhivery's Nomination and Remuneration Committee approved the grant of 31,300 stock options to eligible employees on March 3, 2026, under the company's ESOP 2012 plan. Each option is convertible into one equity share of Re. 1 face value, with a nominal exercise price of Re. 1 per share. The options will vest over 4 years in a graded schedule — 10% after 12 months, 30% after 24 months, and 15% every 6 months thereafter. No options have been exercised or lapsed yet. The shares arising from exercise will rank equally with existing equity shares and are not subject to any lock-in.
The grant size is very small relative to Delhivery's overall share base, so dilution impact is negligible. This is a routine employee incentive action and is unlikely to move the stock price materially, though it signals ongoing efforts to retain talent.