Delhivery Limited — Important, 27-01-2025: Updates

Hindustan Petroleum Corporation Ltd (HPCL) has partnered with Delhivery for the nationwide distribution of HP Lubricants. This collaboration aims to enhance HPCL's supply chain efficiency, enabling the movement of millions of lubricant SKUs across India through Delhivery’s advanced logistics infrastructure and technology solutions. Both companies emphasize operational excellence and commitment to innovation, aiming to set new benchmarks in logistics. HPCL, with a market share exceeding 20% in petroleum products, operates two refineries and aims for Net Zero emissions by 2040. Delhivery, India's largest logistics provider, boasts a network covering over 18,700 pin codes and has completed over 3.2 billion shipments, indicating strong potential for improved logistics capabilities in HPCL's operations. Investors should watch closely as this partnership could provide significant growth opportunities and enhance operational efficiency for both companies.