Delhivery Limited has informed the Exchange about Grant of Stock Options
DELHIVERY · price
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Delhivery Limited has informed the stock exchange about the grant of stock options to its employees under its employee stock option plan. This is a routine disclosure required by listed companies whenever ESOPs are allotted. The exact number of options granted and the grant price have not been specified in the headline. Such grants are typically part of the company's ongoing employee incentive and retention programmes.
Stock option grants lead to dilution of existing shareholders over time when options are exercised. However, ESOP grants are a normal part of compensation strategy and usually have a neutral-to-slightly-dilutive impact on shareholder value in the short term.