Invesco Ltd., a global investment management firm, has strategically increased its stake in Delhivery Ltd. , a prominent logistics and supply chain services company in India. The move, which took place on July 24, 2025, saw Invesco acquire an additional 181,451 equity shares of Delhivery through open market purchases.

Shareholding Details

Following this transaction, Invesco's total shareholding in Delhivery has risen from 37,151,600 shares (4.98%) to 37,333,051 shares (5.00%) of the total voting capital. This acquisition is significant as it pushes Invesco's stake above the 5% threshold, triggering disclosure requirements under Indian securities regulations.

Transaction Breakdown

The acquisition involved 24 different Invesco-managed funds, with the most substantial purchases made by:

1. Invesco EQV Emerging Markets All Cap Fund: 64,005 shares
2. Invesco Developing Markets Fund: 47,583 shares

Other notable acquisitions include:

• AIA Investment Funds - AIA Asia (EX Japan) Equity Fund: 64,805 shares
• Invesco EQV Asia Pacific Equity Fund: 2,965 shares
• Invesco Emerging Markets Equity Trust: 1,690 shares

Delhivery's Capital Structure

As per the latest available information, Delhivery's capital structure stands as follows:

Regulatory Compliance

In compliance with Regulation 29(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Invesco Ltd. has duly disclosed the acquisition to the National Stock Exchange of India Ltd. and BSE Limited.

Laurent Sohet, Global Head of Core Compliance Ethics, Reporting & Operations at Invesco Ltd., signed the disclosure on behalf of the company.

Market Implications

This increased investment by Invesco, a respected global asset management firm, may be seen as a vote of confidence in Delhivery's business model and future prospects. As Delhivery continues to play a crucial role in India's rapidly growing e-commerce and logistics sector, such investments from institutional investors could potentially influence market sentiment towards the company.

Investors and market analysts will likely be watching closely to see if this increased stake leads to any changes in Delhivery's strategic direction or operational focus in the coming months.

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.