Logistics major Delhivery has approved the grant of 4,36,800 stock options under its ESOP 2012 and 2021 schemes, according to a regulatory filing.
On September 4, 2025, the company granted 85,700 options under ESOP-2012 and 3,51,100 options under ESOP-2021. Each option is convertible into one fully paid-up equity share of face value Re 1 at an exercise price of Re 1 per share.
At Delhivery’s current market price of ₹467 per share, the grant is valued at around ₹20.4 crore. The ESOPs will vest over a period of up to four years, subject to continued employment and other conditions.
The Gurugram-based firm recently reported a 5.6% YoY increase in revenue to ₹2,294 crore in Q1 FY26, up from ₹2,172 crore in the same quarter last year. Net profit stood at ₹91 crore for the period.
Delhivery’s shares are trading at ₹467, giving the company a market capitalization of ₹34,886 crore (approx. $4B).
The ESOP grant underscores Delhivery’s strategy to retain and reward talent as it strengthens its position in India’s competitive logistics sector.
By : Arushi Agarwal
