Delhivery's NRC approved a grant of 100,360 stock options to eligible employees under its 2012 ESOP plan on May 04, 2026.
The options have an exercise price of ₹1 per share and are convertible into an equal number of equity shares.
Vesting occurs over 3-4 years with a structured schedule: 88,360 options vest over 4 years and 12,000 over 3 years.
The grant is disclosed pursuant to SEBI Listing Regulations and is compliant with SEBI's Share Based Employee Benefits Regulations.