Delhivery Limited has informed the Exchange about Receipt of approval from the Competition Commission of India for acquisition of Ecom Express Limited
DELHIVERY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Delhivery Limited has received approval from the Competition Commission of India (CCI) on June 17, 2025, for its proposed acquisition of Ecom Express Limited. The deal involves acquiring at least 99.4% of Ecom Express's share capital on a fully diluted basis, for a purchase consideration not exceeding ₹1,407 crore. The board of Delhivery had approved the acquisition on April 5, 2025, subject to CCI clearance, which has now been secured. The detailed written order from the CCI is still awaited, and the company will disclose further updates as required.
This clears a major regulatory hurdle for Delhivery's largest acquisition to date, positioning it to significantly strengthen its presence in the e-commerce logistics space. Shareholders can expect further updates once the CCI order is received and the deal moves toward completion.