Delhivery (DELHIVERY) — Board Meeting

Delhivery's Nomination and Remuneration Committee approved the grant of 1,50,700 stock options under ESOP 2012 to eligible employees effective December 1, 2025. Options carry an exercise price of ₹1 per share. Two vesting schedules apply: 48,700 options vest over 4 years (10% at 12 months, 30% at 24 months, 15% every 6 months thereafter), while 1,02,000 options vest over 3 years (20% at 12 months, 30% at 24 months, 50% at 36 months). Allotted shares will rank pari passu with existing equity and carry no lock-in period.

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About Delhivery Limited (DELHIVERY)

Services · Transport Services · Listed on NSE

Market Cap: ₹35,620.24 Cr P/E: 1640.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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