Delhivery grants 273,560 stock options to employees

Logistics firm Delhivery (BSE: 543529) announced the grant of 273,560 stock options to eligible employees under its Employee Stock Option Plans (ESOP) on Wednesday, July 2, 2025. The grants were approved by the Nomination and Remuneration Committee of the company. The allocation includes 79,500 stock options under the Delhivery Employees Stock Option Plan 2012 ("ESOP-2012") and 194,060 stock options under Delhivery Employees Stock Option Plan IV, 2021 ("ESOP-2021"). Each option is convertible into one fully paid-up equity share with a face value of INR 1 each, and the exercise price is set at INR 1 per share. Vesting schedules vary by plan, with options vesting after 12, 24, and 36-month periods from the grant date. The disclosure, as required by SEBI regulations, has been filed with the stock exchanges and is available on the company's website.