ESOP/ESOS/ESPS

Date: July 11, 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 2,06,502 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 Saturday, July 11, 2026, approved the allotment of a total of 2,06,502 (Two Lakh Six Thousand Five Hundred and Two) equity shares of face value Re. 1/- each fully paid up against the exercise of vested options as detailed below: ● 1,70,748 (One Lakh Seventy Thousand Seven Hundred Forty-Eight) equity shares under Delhivery Employee Stock Option Plan, 2012 (“ESOP 2012”). ● 35,754 (Thirty-Five Thousand Seven Hundred Fifty-Four) 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. 74,88,48,124/- to Rs. 74,90,54,626/-. 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 2,06,502 (Two Lakh Six Thousand Five Hundred and Two) equity shares of the Company of face value Re. 1/- each, fully paid-up, upon exercise of options as detailed hereunder: a) 1,70,748 equity shares under Delhivery Employee Stock Option Plan, 2012 (“ESOP 2012”) b) 35,754 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 SEBI Yes (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 3 Total number of shares covered by these 2,06,502 equity shares having a face value of Re. 1/- each, options fully paid-up, are covered by stock options exercised. 4 Pricing formula / Exercise Price ESOP 2012: ● 6,000 Options @ Re.0.1/- ● 1,57,528 Options @ Re.1/- ● 330 Options @ Rs. 16.28/- ● 6,890 Options @ Rs.29.85/- ESOP IV 2021: ● 35,754 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 2,06,502 vested options. 6 Time within which option may be The vested options can be exercised at any time from the exercised respective date(s) of vesting, as per the terms of grant. 7 Options exercised In the present reporting: a. 1,70,748 options under ESOP 2012 and b. 35,754 options under ESOP IV 2021 8 Money realized by exercise of options Rs. 4,04,920.90 /- 9 The total number of shares arising as a 2,06,502 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 2,06,502 Exercise of options exercise of such options 14 Diluted earnings per share pursuant to Re. 1.04/- issue of equity shares on exercise of options The earnings as reported by the Company for Q4FY26 have been taken for the calculation of diluted earnings per share pursuant to the issue of equity shares on the exercise of options.