Delhivery Allots 1.48 Lakh Under ESOP Scheme

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…