Delhivery Limited — Others, 02-07-2025: Options to purchase securities

Delhivery has announced a board meeting to discuss the grant of 2,73,560 stock options to eligible employees under its ESOP-2012 and ESOP-2021 plans, with an exercise price of Re. 1 per share. The options vest over 3-4 years, contingent on continued employment and specific timelines. These stock options aim to incentivize employees and align their interests with long-term company growth. The equity shares issued upon exercise will not be subject to lock-in, providing flexibility for employees. This move supports Delhivery’s talent retention and engagement strategies, benefiting shareholders through motivated workforce performance.