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Subsidiary2 Jun 2026, 04:41 pm

Delhivery Incorporates Wholly Owned Subsidiary

AI Summary

Delhivery Ltd has announced the incorporation of its wholly owned subsidiary, "Delhivery Fintech Distribution Private Limited", on June 2, 2026. This move follows the Board of Directors' approval on May 16, 2026, to establish a new entity in India. The incorporation was approved by the Ministry of Corporate Affairs. This strategic step is in line with the company's previous disclosures regarding the establishment of a new subsidiary.

Key Highlights

  • Delhivery Ltd incorporated a new wholly owned subsidiary.
  • The subsidiary is named "Delhivery Fintech Distribution Private Limited".
  • Incorporation date is June 2, 2026.
  • This follows prior board approval and regulatory filings.