Delhivery Allots 11.79 Lakh Shares Under ESOP Schemes

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SUMMARY

The company is allotting these shares under ESOP 2012, ESOP II 2020 and ESOP III 2020.

With this allotment, the paid-up share capital of the company increased to INR 74.55 Cr from INR 74.44 Cr

The development comes days after Delhivery allotted 1.48 Lakh equity shares under its ESOP 2012

Logistics startup Delhivery’s board has approved allotment of 11.79 Lakh equity shares under its Employee Stock Option Plan (ESOP) schemes.

“..we hereby inform that the stakeholders’ relationship committee of Delhivery Limited…



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Delhivery Allots 11.79 Lakh Shares Under ESOP Schemes


SUMMARY

The company is allotting these shares under ESOP 2012, ESOP II 2020 and ESOP III 2020.

With this allotment, the paid-up share capital of the company increased to INR 74.55 Cr from INR 74.44 Cr

The development comes days after Delhivery allotted 1.48 Lakh equity shares under its ESOP 2012

Logistics startup Delhivery’s board has approved allotment of 11.79 Lakh equity shares under its Employee Stock Option Plan (ESOP) schemes.

“..we hereby inform that the stakeholders’ relationship committee of Delhivery Limited…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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