Delhivery Limited has announced the successful completion of its acquisition of Ecom Express Limited, marking a significant move in the Indian logistics sector. The company has finalized the purchase of the remaining 21.12% stake in Ecom Express, bringing its total ownership to 99.87% on a fully diluted basis.

Acquisition Details

According to a regulatory filing by Delhivery to the stock exchanges on July 23, 2025, the company has acquired the final tranche of Ecom Express shares. This transaction follows a series of earlier communications dating back to April 5, 2025, outlining the company's intent to acquire Ecom Express.

Financial Implications

The total purchase consideration for the entire 99.87% stake in Ecom Express amounts to approximately INR 1,369.00 crores. This substantial investment underscores Delhivery's commitment to expanding its presence in the logistics industry and enhancing its service offerings.

Strategic Significance

This acquisition represents a strategic move for Delhivery, potentially strengthening its position in the competitive e-commerce logistics market. By fully integrating Ecom Express into its operations, Delhivery may be able to:

• Expand its geographical reach
• Enhance its last-mile delivery capabilities
• Improve operational efficiencies through synergies
• Increase its market share in the logistics sector

Market Impact

The completion of this acquisition could have significant implications for the Indian logistics landscape. It may lead to:

• Increased competition in the e-commerce logistics space
• Potential for improved services and efficiencies for e-commerce platforms
• Possible consolidation trends in the broader logistics industry

Looking Ahead

As Delhivery integrates Ecom Express into its operations, industry observers will be keen to see how this acquisition translates into improved service offerings and financial performance for the company. The move could potentially reshape the dynamics of the logistics sector in India, especially in the rapidly growing e-commerce segment.

Investors and stakeholders will likely monitor Delhivery's upcoming financial reports and operational updates to gauge the impact of this significant acquisition on the company's growth trajectory and market position.

Delhivery , a leading logistics and supply chain services company, has announced the completion of its acquisition of Ecom Express, marking a significant move in the Indian logistics sector.

Acquisition Details

Delhivery has finalized the purchase of the remaining 21.12% stake in Ecom Express, as disclosed in a regulatory filing to the stock exchanges. This transaction concludes Delhivery's ownership consolidation in the logistics company, bringing its total shareholding to 99.87% of Ecom Express's issued and paid-up share capital on a fully diluted basis.

Financial Implications

The company revealed that the entire acquisition, which includes the previously acquired stakes, was completed for a purchase consideration of approximately ₹1,369.00 crore. This strategic move is expected to strengthen Delhivery's position in the competitive logistics market.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Delhivery has kept the stock exchanges informed throughout the acquisition process. The company had previously communicated about this acquisition on April 5, June 17, July 17, and July 19, showcasing a transparent approach to its corporate actions.

Market Impact

This acquisition is likely to have significant implications for the logistics industry in India. By fully integrating Ecom Express into its operations, Delhivery is poised to enhance its service offerings and potentially expand its market reach.

The move comes at a time when the e-commerce and logistics sectors in India are experiencing rapid growth and consolidation. Delhivery's strategic acquisition of Ecom Express could potentially lead to improved operational efficiencies and a stronger competitive position in the market.

Investors and industry observers will be keen to see how this acquisition translates into business growth and market performance for Delhivery in the coming quarters.