Delhivery gets CCI approval for Ecom Express acquisition
Delhivery Limited [BSE: 543529] announced that it has received approval from the Competition Commission of India (CCI) for its acquisition of shares equivalent to at least 99.4% of the issued and paid-up share capital of Ecom Express Limited. The announcement follows Delhivery's initial disclosure on April 5, 2025, about the board of directors' approval for the acquisition, subject to the CCI's go-ahead. The purchase consideration for the acquisition will not exceed INR 1,407 Crore. The company awaits the detailed order from the CCI regarding the approval.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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