Logistics startup Delhivery permitted the allotment of 11.79 lakh fairness shares beneath its Worker Inventory Possibility Plan (ESOP) schemes.
In an trade submitting on Monday, the corporate mentioned, “The Stakeholders’ Relationship Committee of Delhivery Restricted permitted the allotment of 11,79,486 fairness shares of face worth Re. 1/- every, absolutely paid up, in opposition to the train of vested choices on March 10, 2025.”
Of the overall shares, the corporate will subject 3.24 lakh shares beneath ESOP 2012, 6.89 lakh beneath ESOP II 2020, and 1.66 lakh beneath ESOP III 2020. This allotment will increase Delhivery’s paid-up share capital from Rs 74.44 crore to Rs 74.55 crore.
The train worth for shares beneath ESOP II 2020 and ESOP III 2020 is Rs 0.10 per share. For ESOP 2012, it varies—Rs 1 for two.23 lakh shares, Rs 16.28 for 4,600 shares, and Rs 29.85 for the remaining 96,100 shares.
This follows Delhivery’s current approval of 1.48 lakh fairness shares for eligible staff.
In the meantime, in January, Delhivery launched Fast Commerce, a sub-two-hour supply service for manufacturers catering to rising shopper demand for quicker order fulfilment.
Initially rolled out in Bengaluru, the service processes over 300 orders every day. It goals to serve manufacturers throughout classes like magnificence, vogue, electronics, and equipment, which beforehand relied on commonplace ecommerce supply timelines.
The corporate additionally reported a 114% year-on-year (YoY) improve in its consolidated revenue, reaching Rs 25 crore within the third quarter of FY25, in comparison with Rs 11.7 crore within the earlier yr, when it turned worthwhile for the primary time since its 2022 itemizing.
