Delhivery Grants 9 Lakh Stock Options Under ESOP-2021

Delhivery Limited has approved the grant of 900,000 stock options under its Employees Stock Option Plan IV, 2021 (ESOP-2021) to its key management personnel. The options are exercisable at ₹1 per share. Managing Director and CEO Sahil Barua receives 450,000 options, while Whole-time Directors Kapil Bharati and Suraj Saharan each receive 225,000 options. The options will vest over a period of three years, with 20% vesting after 12 months, 30% after 24 months, and the remaining 50% after 36 months. The grant is in compliance with SEBI regulations.