Delhivery has announced changes to its board of directors, with Deepak Kapoor, Chairman, and Saugata Gupta, Non-Executive Independent Director, stepping down effective April 1, 2026. These departures are part of a previously disclosed board rejuvenation strategy. The company previously appointed new independent directors in 2025. This restructuring aims to support Delhivery’s next phase of growth.
Board Restructuring
Delhivery Limited announced that Deepak Kapoor, Chairman and Non-Executive Independent Director, and Saugata Gupta, Non-Executive Independent Director, will be departing from the Company’s Board, effective April 1, 2026. The announcement was made on January 31, 2026.
Rejuvenation Exercise
These moves are part of the company’s previously announced board rejuvenation exercise. In 2025, Delhivery appointed Namita Thapar, Whole-time Director at Emcure Pharmaceuticals Limited, Sameer Mehta, Co-Founder and Executive Director of boAt Lifestyle, Yashish Dahiya, Chairman, Executive Director and CEO of PB Fintech, and Dr. Padmini Srinivasan, Faculty member at IIM Bangalore, as Non-Executive Independent Directors.
Contributions of Departing Directors
Deepak Kapoor joined the Board in 2017 and Saugata Gupta joined in 2021. According to Delhivery, both directors played a pivotal role in guiding the company through its initial public offering in 2022 and its subsequent growth as a public entity.
CEO’s Remarks
Sahil Barua, MD & CEO of Delhivery, stated that Deepak Kapoor served as Chairman for over 8 years and was instrumental in helping the company set up high-quality governance, board processes, appropriate financial systems and controls, and internal audit processes. He also noted that Saugata Gupta played a large role as Chairperson of the NRC.
Source: BSE
