Delhivery Limited (NSEI:DELHIVERY) agreed to acquire an additional 4.75% stake in Falcon Autotech Private Limited for INR 520 million on November 4, 2023. As of March 31, 2023, Falcon Autotech Private Limited reported turnover of INR 2.8 billion and net worth of INR 2 billion. The deal has been approved by Board of Directors of Delhivery Limited. The deal is expected to be completed on December 31, 2023.

Delhivery Limited (NSEI:DELHIVERY) completed the acquisition of additional 4.75% stake in Falcon Autotech Private Limited on November 9, 2023.