Delhivery Grants 1.23 Lakh Stock Options

Delhivery Limited announced that its Nomination and Remuneration Committee has approved the grant of 1,23,000 stock options under its ESOP-2021 plan to eligible employees. The grant was approved on July 3, 2026, with an effective date of July 1, 2026. The options have an exercise price of ₹1 per share. Vesting schedules vary, with portions vesting over 12, 24, and 36 months from the grant date, subject to fulfillment of conditions. The company also detailed terms for corporate actions and employee departures, and stated that shares allotted upon exercise will not be subject to lock-in and will rank pari passu with existing equity shares.