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You can use OLE Drag & Drop, but since Explorer creates a standard CF_HDROP clipboard block you can also hack it this way:
uses clipbrd, shellapi; {$R *.DFM} procedure TForm1.Button1Click(Sender: TObject); var f: THandle; buffer: Array [0..MAX_PATH] of Char; i, numFiles: Integer; begin Clipboard.Open; try f := Clipboard.GetAsHandle(CF_HDROP); if f <> 0 then begin numFiles := DragQueryFile(f, $FFFFFFFF, nil, 0); memo1.Clear; for i:= 0 to numfiles - 1 do begin buffer[0] := #0; DragQueryFile( f, i, buffer, sizeof(buffer)); memo1.lines.add(buffer); end; end; finally Clipboard.close; end; end;