ESOP4 Aug 2026, 12:45 pm
Delhivery Grants 96,000 Stock Options Under ESOP 2012
AI Summary
Delhivery Limited announced that its Nomination and Remuneration Committee has approved the grant of 96,000 stock options under the Delhivery Employees Stock Option Plan, 2012 (ESOP 2012) to eligible employees. The options are exercisable at ₹1 per share. Vesting will occur over a period of 4 years, with 10% vesting after 12 months, 30% after 24 months, and the remainder vesting every six months thereafter. The grant is in compliance with SEBI regulations, and the disclosure has been filed with the stock exchanges and will be hosted on the company's website.
Key Highlights
- 96,000 stock options granted under ESOP 2012.
- Exercise price set at ₹1 per share.
- Vesting schedule spans 4 years from grant date.
- Options are convertible into equity shares.
- Grant is compliant with SEBI (Share Based Employee Benefits) Regulations, 2021.
Price Impact
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