ESOP/ESOS/ESPS

Date: September 9, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 India Mumbai – 400 051 India Scrip Code: 543529 Symbol: DELHIVERY Sub: Intimation of Allotment of 1,27,439 Equity Shares upon exercise of vested Options Dear Sir/Ma’am, Pursuant to Regulation 30 read with Schedule III to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform that the Stakeholders’ Relationship Committee of Delhivery Limited (“Company”) on Wednesday, September 9, 2026, approved the allotment of a total of 1,27,439 (One Lakh Twenty-Seven Thousand Four Hundred Thirty-Nine) equity shares of face value Re. 1/- each fully paid up against the exercise of vested options as detailed below: ● 1,12,286 (One Lakh Twelve Thousand Two Hundred Eighty-Six) equity shares under Delhivery Employee Stock Option Plan, 2012 (“ESOP 2012”). ● 15,153 (Fifteen Thousand One Hundred Fifty-Three) equity shares under Delhivery Employee Stock Option Plan IV, 2021 (“ESOP IV 2021”). The equity shares so allotted shall rank pari-passu with the existing equity shares of the Company in all respects. Consequent to the above allotment, the paid-up share capital of the Company stands increased from Rs. 74,91,66,930/- to Rs. 74,92,94,369/-. The detailed disclosure required under Regulation 30 of SEBI Listing Regulations is enclosed herewith as "Annexure-I". This disclosure will also be hosted on the Company's website viz. www.delhivery.com. You are requested to take the above on record. Yours sincerely For Delhivery Limited Madhulika Rawat Company Secretary & Compliance Officer Membership No.: F8765 Encl: As above Annexure-I Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 SI. No. Particulars Details 1 Brief details of options granted The present instance is the allotment of 1,27,439 (One Lakh Twenty-Seven Thousand Four Hundred Thirty- Nine) equity shares of the Company of face value Re. 1/- each, fully paid-up, upon exercise of options as detailed hereunder: a) 1,12,286 equity shares under Delhivery Employee Stock Option Plan, 2012 (“ESOP 2012”) b) 15,153 equity shares under Delhivery Employee Stock Option Plan IV, 2021(“ESOP IV 2021”) These Options were granted earlier by the Company from time to time and disclosed to the stock exchanges, wherever applicable. 2. Whether the scheme is in terms of Yes SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 3 Total number of shares covered by 1,27,439 equity shares having a face value of Re. 1/- these options each, fully paid-up, are covered by stock options exercised. 4 Pricing formula / Exercise Price ESOP 2012: ● 1,10,087 Options @ Re.1/- ● 2,199 Options @ Rs.29.85/- ESOP IV 2021: ● 15,153 Options @ Re.1/- 5 Options vested The Options granted under the aforesaid plan shall vest as per the schedule determined by the Nomination and Remuneration Committee and in the manner specified in the grant letter and under respective schemes. The present instance is the allotment of shares upon exercise of 1,27,439 vested options. 6 Time within which option may be The vested options can be exercised at any time from exercised the respective date(s) of vesting, as per the terms of grant. 7 Options exercised In the present reporting: a. 1,12,286 options under ESOP 2012 and b. 15,153 options under ESOP IV 2021 8 Money realized by exercise of options Rs. 1,90,880.15/- 9 The total number of shares arising as a 1,27,439 Equity shares result of exercise of option 10 Options lapsed N.A. 11 Variation of terms of options N.A. 12 Brief details of significant terms ● The terms of the grant of options provides for the manner in which options would be dealt with, in case of death, permanent incapacity, resignation, termination, retirement, abandonment etc. ● In case of any corporate action(s) such as rights issue, bonus issue, split or consolidation of equity shares, merger/ amalgamation or sale of division/ undertaking or other reorganization etc., requisite adjustments shall be appropriately made in the options, in a fair and reasonable manner in accordance with the schemes. ● The equity shares allotted, pursuant to the exercise of the stock options, would not be subject to lock-in. ● ESOP Shares arising on the conversion of the Options shall rank pari passu with all the other equity Shares of the Company for the time being in issue, from the date of allotment. 13 Subsequent changes or cancellation or 1,27,439 Exercise of options exercise of such options 14 Diluted earnings per share pursuant to Re. 1.02/- issue of equity shares on exercise of options The earnings as reported by the Company for Q1FY27 have been taken for the calculation of diluted earnings per share pursuant to the issue of equity shares on the exercise of options.