Delhivery Limited — Important, 17-06-2025: General Updates
17-06-2025 | 08:53 pm
17-06-2025 | 08:53 pm
Delhivery has announced a board meeting on key updates regarding its acquisition of Ecom Express Limited. The Competition Commission of India has approved this acquisition, allowing Delhivery to proceed with acquiring at least 99.4% of Ecom Express’s issued share capital for up to INR 1,407 Cr. This move strengthens Delhivery’s logistics footprint and scale, potentially boosting its market share and operational capabilities in the express delivery segment. Financial impact will materialize post-integration and further disclosures.
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