Milestone · Mobility & Logistics
Delhivery issues 86,225 equity shares to employees through ESOP exercise
By Startup Enthusiast ·
- Date
- Company
- Delhivery
- What it does
- logistics and supply chain solutions
- Kind
- Milestone
- Stage
- public
- Sector
- Mobility & Logistics
What they do
Delhivery expanded employee equity ownership by allotting 86,225 shares under two ESOP schemes
What happened
The exercise raised ₹4,85,177.85, with shares issued at varying prices from Re 0.10 to ₹29.85
Why it matters
The new shares rank equally with existing shares and increased the company's paid-up capital
The details
- Delhivery Limited issued 86,225 equity shares to employees following the exercise of stock options.
- The shares were issued under two ESOP schemes: 69,025 under the 2012 plan and 17,200 under the 2020 plan.
- The exercise raised ₹4,85,177.85, with varying exercise prices from Re 0.10 to ₹29.85.
- The newly issued shares rank equally with existing shares and increased the company's paid-up capital.
- The allotment was approved by Delhivery's Stakeholders’ Relationship Committee on 8 April 2026.
The bigger picture
- The schemes comply with the Securities and Exchange Board of India (SEBI) regulations on employee benefits.
- The exercise prices varied across grants, indicating different valuation assumptions at the time of issuance.
About the business
- Delhivery provides logistics, parcel delivery, and supply chain solutions across India.
The deal
- Type
- corporate action
Other articles talking about it
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