Delhivery has fully launched its On-demand Intracity shipping service on the Delhivery Direct app in Delhi-NCR and Bengaluru after a successful pilot in Ahmedabad.
The service offers pickups within 15 minutes of booking for local deliveries.
It uses two-wheelers for parcels and three and four-wheeler vehicles for larger consignments.
Sahil Barua, MD & CEO of Delhivery, stated that this launch provides millions of consumers and SMEs with a fast, affordable, and reliable logistics solution.
The Delhivery Direct app is available on Google Play and Apple App stores.
The app also allows users to ship intercity across 18,800+ pincodes in India that Delhivery serves.
Delhivery Limited received approval from the Competition Commission of India (CCI) on June 17, 2025, for its proposed acquisition of Ecom Express Limited.
The acquisition involves Delhivery acquiring at least 99.4% of the issued and paid-up share capital of Ecom Express on a fully diluted basis.
The purchase consideration for the acquisition will not exceed ₹1,407 crore.
The initial announcement regarding the board's approval for the acquisition was made on April 5, 2025.
Delhivery Limited announced that its wholly-owned subsidiary, Delhivery Corp Limited, incorporated under the law of United Kingdom, has been dissolved with effect from June 10, 2025.
This is further to the disclosure submitted on May 17, 2024.
Delhivery Limited will participate in the Morgan Stanley India Investment Forum 2025 in Mumbai on June 4, 2025, at 09:00 AM.
The meeting will be a physical group meeting.
The company will not disclose any unpublished price-sensitive information during the meeting. The discussion will be based on the general business outlook and information already in the public domain.
Delhivery is seeking shareholder approval via postal ballot for the appointment and remuneration of Mr. Suraj Saharan as a Whole-time Director, designated as Executive Director and Chief People Officer.
Mr. Saharan's appointment is effective from 16 May 2025, for a term of 5 years, up to 15 May 2030.
The postal ballot notice, dated 16 May 2025, was sent via email to members registered as of the cut-off date, 23 May 2025.
E-voting commences on 30 May 2025 at 9:00 AM (IST) and concludes on 28 June 2025 at 5:00 PM (IST).
Results will be announced on or before 1 July 2025.
Ordinary Resolution: Approval of Suraj Saharan's appointment as a Whole-time Director.
Special Resolution: Approval of Suraj Saharan's remuneration as Whole-time Director, designated as Executive Director and Chief People Officer. His remuneration includes:
Fixed salary: Up to ₹ 50 million per annum.
Variable pay: Up to 50% of fixed remuneration based on performance.
Employee Stock Options: As granted by the NRC.
Additional Benefits: Gratuity, Medical Insurance, and other benefits as per company policy.
Estimated remuneration payout for FY 2025-26 is ₹ 27 million, excluding additional benefits.