Delhivery Allots 7.8 Lakh Equity Shares Under ESOP Plans

Delhivery, an Indian logistics company, has allocated 7.8 lakh equity shares under its Employee Stock Option Plan (ESOP). The move is designed to reward and retain employees by providing them with ownership stakes in the company. ESOPs have become a popular tool for startups and growing companies to attract and retain top talent, aligning employee interests with the success of the company. The issuance of these shares reflects Delhivery's commitment to its workforce and its aim to incentivize employees as the company continues to expand and grow in the competitive logistics market.