Delhivery Limited — JV/Acquisition, 21-03-2026: Amalgamation/Merger

Delhivery's merger with its wholly-owned subsidiaries, Spoton Logistics and Spoton Supply Chain Solutions, has received NCLT approval. This strategic move aims to streamline corporate structure, optimize costs, enhance efficiency, and unlock economies of scale for the logistics giant. Since the acquired entities are wholly-owned, no new shares will be issued, ensuring no dilution for existing Delhivery shareholders. The appointed date for this integration is April 1, 2025, becoming effective upon regulatory filing. This move is expected to solidify Delhivery's market position.