Delhivery Limited’s Board of Directors convened on August 8, 2026, approving the re-appointment of Mr. Sahil Barua as Managing Director and CEO, and Mr. Kapil Bharati as Whole-time Director. Both appointments are for a 5-year term, effective October 13, 2026, subject to shareholder approval. Additionally, the company approved an investment of up to ₹50 crores in its wholly-owned subsidiary, Delhivery Financial Services Private Limited (DFSPL).
Key Executive Re-appointments
The Board of Directors of Delhivery Limited met on August 8, 2026, and approved significant leadership decisions. Key among these is the re-appointment of Mr. Sahil Barua (DIN: 05131571) as Managing Director and Chief Executive Officer. This re-appointment is for a term of 5 years, commencing from October 13, 2026, and concluding on October 12, 2031. Mr. Barua’s profile highlights his instrumental role in the company’s growth, driving innovation and achieving profitability.
Further, Mr. Kapil Bharati (DIN: 02227607) has been re-appointed as Whole-time Director, serving as Executive Director and Chief Technology Officer. His tenure also spans 5 years, effective from October 13, 2026, to October 12, 2031. Mr. Bharati’s expertise in technology and data science is noted for its significant impact on the company’s development and its global technology platform.
Strategic Investment in Subsidiary
In a move to bolster its financial services arm, the Board also approved an investment in Delhivery Financial Services Private Limited (“DFSPL”), a wholly owned subsidiary. The investment will be in one or more tranches, not exceeding ₹50 crores (Rupees Fifty crores). DFSPL was incorporated on January 16, 2026, with a paid-up share capital of ₹12 crores, operating in the non-banking financial company sector. This investment is intended to fund DFSPL’s operational and business requirements.
Financial Results Reviewed
The Board also considered and approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. These results, along with the Auditor’s Limited Review Report, were released as part of the disclosure. The meeting commenced at 01:30 P.M. (IST) and concluded at 03:45 P.M. (IST).
Source: BSE
