Delhivery Limited on June 2, 2026 informed the stock exchanges that the Ministry of Corporate Affairs has approved the incorporation of a wholly owned subsidiary in the name of Delhivery Fintech Distribution Private Limited. The new entity has been set up as a private limited company on the same date and will operate as a 100% subsidiary of Delhivery.
The development follows Delhivery's intimation dated May 16, 2026, in which the Board of Directors had approved the proposal to incorporate a wholly owned subsidiary in India. The subsidiary, Delhivery Fintech Distribution Private Limited, marks a new vertical for the company in the fintech distribution space, in addition to its existing logistics and supply chain operations.
Delhivery disclosed the incorporation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed disclosure covering the necessary particulars as required under Part A of Schedule III of the SEBI Listing Regulations, read with the Master SEBI Circular dated January 30, 2026, was earlier submitted to the exchanges on May 16, 2026.
The new subsidiary will be fully owned and controlled by Delhivery Limited, with the parent holding the entire equity share capital of Delhivery Fintech Distribution Private Limited. The corporate identity reflects Delhivery's entry into financial services distribution through a dedicated entity.
The disclosure has been uploaded on Delhivery's corporate website at www.delhivery.com. The communication to BSE and the National Stock Exchange of India was signed by Madhulika Rawat, Company Secretary and Compliance Officer, with membership number F8765. Delhivery Limited trades on NSE under the symbol DELHIVERY and on BSE under scrip code 543529.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.