Delhivery Allots 1.48 Lakh Shares Under ESOP Scheme

Share via:


SUMMARY

The startup’s board approved the allotment of 1,48,100 equity shares at a face value of INR 1 each to eligible employees

Shares of Delhivery fell as low as 2.7% to INR 246.60 apiece on the BSE intraday morning trade today (March 4)

Based on the stock’s previous closing price of INR 253.45, the newly allotted equity shares are worth INR 3.75 Cr

Listed logistics service provider Delhivery’s board has approved an allotment of 1.48 Lakh equity shares under its existing employee stock option plan (ESOP).

As per the…



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.

Popular

More Like this

Delhivery Allots 1.48 Lakh Shares Under ESOP Scheme


SUMMARY

The startup’s board approved the allotment of 1,48,100 equity shares at a face value of INR 1 each to eligible employees

Shares of Delhivery fell as low as 2.7% to INR 246.60 apiece on the BSE intraday morning trade today (March 4)

Based on the stock’s previous closing price of INR 253.45, the newly allotted equity shares are worth INR 3.75 Cr

Listed logistics service provider Delhivery’s board has approved an allotment of 1.48 Lakh equity shares under its existing employee stock option plan (ESOP).

As per the…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Highland Spring secures bank backing

The new term and revolving credit facilities of...

Foxconn Unveils Its First LLM FoxBrain to Optimise Manufacturing

Taiwan's Foxconn has launched its first Large Language...

Emerging technology regulations: a comprehensive, evergreen approach

Opinion by: Merav Ozair, PhDTechnology is advancing at...

Popular

Upcoming Events

AI is not optional for IT industry, it’s imperative...

Artificial Intelligence (AI) is no longer just an...

Shah Rukh Khan, Ajay Devgn, and Tiger Shroff in...

Bollywood actors Shah Rukh Khan, Ajay Devgn, and Tiger...

Supercharge your brand visibility with an exhibit table at...

From October 27-29, TechCrunch Disrupt 2025 will bring...
d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa