Delhivery, India’s leading logistics and supply chain solutions provider, has approved the allotment of 8.6 lakh equity shares under its Employee Stock Option Plans (ESOPs). This expansion comes just two months after a previous allotment of 6.15 lakh equity shares, reflecting the company’s commitment to rewarding its employees.
The ESOP allotments are divided across three stock option plans: ESOP 2012, ESOP II 2020, and ESOP III 2020, with exercise prices ranging from ₹0.10 to ₹29.85 per option. Following this latest allotment, Delhivery’s paid-up capital has increased to ₹74.09 crore.
Delhivery continues to be a leader in India’s logistics sector, competing with companies like Xpressbees, Blue Dart, and Flipkart’s Ekart. The expansion of its ESOP pool reflects Delhivery’s strategy to retain talent as it scales its operations further.