Delhivery grants ESOP worth Rs 20.6 Cr

Logistics company Delhivery has granted 4,36,800 stock options under its ESOP schemes of ESOP 2012 and 2021.

On September 4, 2025 the company approved the grant of 85,700 options under ESOP-2012 and 3,51,100 options under ESOP-2021.

At the current market price of Rs 467 per share, the total value of the grant stands at approximately Rs 20.4 crore. According to the disclosure, each option can be converted into one fully paid-up equity share of face value Re 1 at an exercise price of Re 1 per share

As per the vesting schedule, the ESOPs will vest over a period of up to four years, subject to continued employment and other conditions laid out in the schemes.

Delhivery posted a marginal 5.6% year-on-year increase in revenue to Rs 2,294 crore in Q1 FY26 from Rs 2172 crore in Q1 FY25. The Gurugram-based firm also reported a profit of Rs 91 crore for the quarter.

Currently, Delhivery’s share price is trading at Rs 467 ( at 10:27 AM), giving it a total market capitalization of Rs 34,886 crore (about $4 billion).