India, March 10 -- 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 on Monday, March 10, 2025, approved the allotment of a total of 11,79,486 equity shares of face value INR 1 each fully paid up against the exercise of vested options," the company said in an exchange filing.

Out of this, 3.24 Lakh equity shares will be issued under ESOP 2012, 6.89 Lakh equity shares under ESOP II 2020 and 1.66 Lakh equity shares under 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 exercise price for...