Delhivery Limited — Others, 30-05-2025: Options to purchase securities

Delhivery has announced a board meeting to approve the grant of 15,49,300 stock options to employees under two ESOP plans, exercisable at Re. 1 per share. These options vest over 3-4 years based on milestones, designed to boost employee retention and performance. Shares from exercised options will not have a lock-in period. This step aligns employee interests with shareholders and strengthens Delhivery’s focus on long-term growth and talent retention.