Acquisitions23 Jul 2025, 08:01 pm
Delhivery Ltd Completes Acquisition of Ecom Express Limited for INR 1,369 Crores
AI Summary
Delhivery Ltd has completed the acquisition of Ecom Express Limited, acquiring shares representing 99.87% of the issued and paid-up share capital on a fully diluted basis. The acquisition was made for a purchase consideration of approximately INR 1,369 crores. The Company has previously communicated about this acquisition on multiple occasions, with the latest being on July 19, 2025. This acquisition marks a significant milestone in Delhivery's growth strategy.
Key Highlights
- Delhivery Ltd has completed the acquisition of Ecom Express Limited for INR 1,369 crores.
- The acquisition includes shares representing 99.87% of the issued and paid-up share capital of Ecom on a fully diluted basis.
- This acquisition is a significant milestone in Delhivery's growth strategy.
- The acquisition was first announced in multiple communications starting from April 5, 2025.
- Delhivery's total shareholding in Ecom now stands at 99.87% on a fully diluted basis.