Delhivery boosts capital as employees exercise stock options

Delhivery Limited announced on December 8, 2025, that its Stakeholders' Relationship Committee approved the allotment of 318,983 equity shares. These shares, with a face value of Re. 1 each, were issued upon the exercise of vested options from various employee stock option plans. Specifically, 169,483 shares were allotted under the Delhivery Employee Stock Option Plan, 2012 (ESOP 2012), 75,000 shares under ESOP II 2020, and 74,500 shares under ESOP III 2020. These newly allotted shares will rank pari-passu with existing equity shares of the company.

The exercise of these options has increased Delhivery's paid-up share capital from Rs. 74,77,76,798 to Rs. 74,80,95,781. The total money realized by the company from the exercise of these options is Rs. 6,11,983.70. The exercise prices for the ESOP 2012 options varied, with 154,381 options at Re. 1, 600 options at Re. 16.28, and 14,502 options at Rs. 29.85. For both ESOP II 2020 and ESOP III 2020, all options were exercised at Re. 0.10 per share.

The company also noted that the diluted earnings per share, pursuant to this issue of equity shares, is Re. 0.81. This calculation utilizes the earnings reported for Q2FY26. The terms of the grant specify that the equity shares allotted from the exercise of stock options are not subject to any lock-in period.