Delhivery: Board Approves Director Re-appointments and ₹50 Crore Subsidiary Investment

Delhivery Limited’s Board of Directors has approved the re-appointment of Mr. Sahil Barua as Managing Director and CEO, and Mr. Kapil Bharati as Whole-time Director, for five-year terms commencing October 13, 2026. The board also sanctioned an investment of up to ₹50 crore in its wholly-owned subsidiary, Delhivery Financial Services Private Limited (DFSPL). The company also reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

Leadership Appointments Secured

The Board of Directors of Delhivery Limited met on August 08, 2026, to consider and approve several key matters. A significant outcome was the re-appointment of two key leaders: Mr. Sahil Barua (DIN: 05131571) as Managing Director and Chief Executive Officer, and Mr. Kapil Bharati (DIN: 02227607) as Whole-time Director (Executive Director and Chief Technology Officer). Both appointments are for a period of 5 years, effective from October 13, 2026, to October 12, 2031, and are subject to shareholder approval.

Strategic Investment in Subsidiary

In a move to bolster its financial services arm, the board also approved an investment of up to ₹50 crore (Rupees Fifty Crores) in Delhivery Financial Services Private Limited (DFSPL), a wholly owned subsidiary. This investment is intended to fund DFSPL’s operational and business requirements and will be made in one or more tranches.

Financial Results for Q1 FY27

The Board reviewed and approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company reported a consolidated profit after tax of ₹319.06 million for the period, with total comprehensive income standing at ₹320.18 million. The standalone profit after tax for the same period was ₹781.99 million, with total comprehensive income at ₹768.38 million.

Director Compliance Affirmation

Delhivery Limited affirmed that both Mr. Sahil Barua and Mr. Kapil Bharati are not debarred from holding the office of Director by virtue of any order from SEBI or any other relevant authority, in compliance with regulatory circulars.

Source: BSE

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