Blue Dart Express Limited has announced the recommendation by its Board of Directors for the appointment of two new Independent Directors: Mr. Rajat Kumar Jain and Mr. Avijit Mukerji. Both appointments are proposed for a term of five years, effective from September 23, 2026, subject to shareholder approval at the upcoming Annual General Meeting. These appointments aim to strengthen the company’s board oversight and governance.
Board Expansion with Independent Directors
Blue Dart Express Limited has formally recommended the appointment of two distinguished individuals as Independent Directors to its Board. This strategic move, made upon the recommendation of the Nomination & Remuneration Committee, aims to enhance the company’s governance framework and strategic direction. The proposed appointments require the approval of the shareholders at the ensuing Annual General Meeting.
Introducing Mr. Rajat Kumar Jain
Mr. Rajat Kumar Jain,DIN: 00046053, is slated to join the Board as an Independent Director for a term of five years, commencing on September 23, 2026, and concluding on September 22, 2031. He will not be liable to retire by rotation. Mr. Jain is a corporate leader with extensive experience in the startup ecosystem, having founded PadUp Ventures. His expertise spans various sectors including FMCG, media, technology, and telecom. He currently holds Non-Executive roles on the boards of Fino Payments Bank, Vodafone Idea, and Mahindra Holidays, among others. He also serves as a trustee for the Make a Wish Foundation (India).
Introducing Mr. Avijit Mukerji
Similarly, Mr. Avijit Mukerji, DIN: 03534116, is proposed for appointment as an Independent Director for a term of five years, effective from September 23, 2026, to September 22, 2031. He will also not be subject to retirement by rotation. Mr. Mukerji is a Chartered Accountant with over three decades of experience in audit and assurance. He is a former senior partner at Price Waterhouse and currently serves as the founder and managing partner of TatvaSutra Solutions LLP. He is also an Independent Director on the boards of Bandhan Financial Holdings, Balaji Telefilms, and DIC India. He holds significant leadership roles in various educational and cultural institutions.
Governance and Compliance
The requisite details for these appointments, in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are provided in Annexure A to the letter. Both proposed directors are not debarred from holding the office of director by any order of the Securities and Exchange Board of India or any other authority. They also do not have any inter-se relationships with other Directors of the Company. The company has duly informed the stock exchanges, BSE Limited and National Stock Exchange of India Ltd, of these recommendations.
Source: BSE
