Delhivery Limited has informed the Exchange about Options to purchase securities
DELHIVERY · price
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Delhivery's Nomination and Remuneration Committee approved the grant of 2,55,050 stock options to eligible employees on August 1, 2025. This includes 15,050 options under the older ESOP-2012 plan and 2,40,000 options under ESOP-IV, 2021. Each option is convertible into one equity share of Re. 1 face value, exercisable at a nominal price of Re. 1 per share. The options will vest over 4 years — 10% after 12 months, 30% after 24 months, and the remaining 15% every 6 months thereafter. Shares allotted upon exercise will not be subject to any lock-in period. The grant is compliant with SEBI's Share Based Employee Benefits Regulations, 2021.
This is a routine employee incentive grant and signals the company's effort to retain talent. Since the exercise price is just Re. 1, these options will create mild future share dilution once exercised, but the immediate impact on share price or existing shareholders is negligible.