Delhivery Limited — Others, 02-04-2025: Options to purchase securities

The Nomination and Remuneration Committee of Delhivery has approved the grant of 6,28,000 stock options under the Employees Stock Option Plan 2012 to eligible employees, effective April 1, 2025. The exercise price is set at Re. 1 per share, with vesting scheduled over four years. This grant could enhance employee retention and motivation, potentially boosting operational performance. For investors, this move suggests a positive outlook regarding company culture and long-term growth prospects, although keeping an eye on how effectively these options are leveraged will be important.