Delhivery Limited has announced a significant employee stock option grant and revealed impressive performance metrics for the recent festive season. These developments underscore the company's commitment to employee retention and its robust operational capabilities.

Stock Option Grant

The Nomination and Remuneration Committee of Delhivery has approved the grant of 274,450 stock options to eligible employees under the Delhivery Employees Stock Option Plan IV, 2021 (ESOP IV 2021). Key details of the grant include:

The equity shares allotted upon exercise will not be subject to any lock-in period and will rank equally with existing equity shares.

Festive Season Performance

Delhivery has also released an infographic highlighting its performance during Phase 2 of the Festive Season in October. The company demonstrated its operational prowess with several notable achievements:

These figures underscore Delhivery's extensive reach and efficiency in handling high volumes during peak seasons, showcasing its robust logistics infrastructure across India.

The stock option grant aligns with Delhivery's strategy to incentivize and retain talent, while the festive season performance demonstrates the company's operational capabilities in meeting high consumer demand. These developments may be of interest to investors and industry observers tracking the growth of India's logistics sector.

Delhivery Limited has reported unprecedented delivery volumes during the second phase of the festive season in October, showcasing the company's robust operational capabilities and the surge in e-commerce activities.

Peak Performance Highlights

The logistics giant has released an infographic detailing its impressive performance metrics:

Operational Excellence

Delhivery's performance during this peak period underscores its extensive network reach and efficiency. The company processed over 107.40 million e-commerce and freight shipments through its transportation network, demonstrating its capacity to handle high volumes during festive seasons.

Rapid Delivery Capabilities

The logistics firm showcased its quick turnaround capabilities by delivering over 13.59 million packages within 24 hours and more than 29.57 million packages within 48 hours. This rapid delivery service highlights Delhivery's commitment to meeting the time-sensitive demands of the e-commerce sector.

Nationwide Reach

Delhivery's operations spanned from Thiruvananthapuram in Kerala to Tezu in Arunachal Pradesh, illustrating its comprehensive pan-India network. This extensive coverage allows the company to cater to a diverse range of clients across the country.

Client Base and Economic Impact

With 18,121 clients shipping record single-day volumes, Delhivery has demonstrated its significant role in facilitating commerce during the festive season. The total value of goods shipped, exceeding ₹187.40 crore, reflects the substantial economic activity supported by the company's logistics services.

Conclusion

Delhivery's record-breaking performance during the festive season highlights the company's pivotal role in India's e-commerce and logistics landscape. As online shopping continues to grow, especially during festive periods, Delhivery's robust infrastructure and efficient operations position it as a key player in meeting the evolving demands of the Indian market.