Delhivery Announces Upcoming Changes to Board; Chairman Deepak Kapoor and Director Saugata Gupta to Step Down

Manufacturing-News
Image Courtesy: Delhivery

Delhivery Limited (NSE: DELHIVERY | BSE: 543529) today announced that Deepak Kapoor, Chairman and Non-Executive Independent Director, and Saugata Gupta, Non-Executive Independent Director, will be stepping down from the Company’s Board with effect from 1 April 2026. The changes form part of Delhivery’s previously communicated board renewal and succession plan.

Delhivery noted that as part of this refresh, it appointed Namita Thapar (Whole-time Director, Emcure Pharmaceuticals Limited), Sameer Mehta (Co-Founder and Executive Director, boAt Lifestyle), Yashish Dahiya (Chairman, Executive Director and CEO, PB Fintech), and Dr Padmini Srinivasan (Faculty, IIM Bangalore) as Non-Executive Independent Directors in 2025.

Deepak Kapoor joined Delhivery’s Board in 2017, while Saugata Gupta joined in 2021. Both played an important role in guiding the company through its IPO in 2022 and its transition into a listed organisation.

Commenting on the transition, Sahil Barua, MD & CEO, Delhivery, said “Deepak Kapoor served as Chairman of our Board for more than eight years and played a key role in strengthening governance standards, board processes, and financial oversight, including internal controls and audit systems. Saugata made significant contributions as Chairperson of our NRC, helping institutionalise HR frameworks, performance metrics, and our approach to attracting and retaining high-quality talent.”

He added:“Equally important, both Deepak Kapoor and SaugataGupta supported and enabled the planned reconstitution of the Board aligned with Delhivery’s next phase of growth. On behalf of the entire Delhivery team, I extend our sincere gratitude for their guidance and support.”

Delhivery is India’s largest logistics services provider. Its offerings include e-commerce and express parcel transportation, on-demand logistics, PTL and FTL freight, cross-border air express and freight services, warehousing and integrated supply chain solutions, and data-driven software products, including warehouse management and transportation management systems. Delhivery serves over 51,000 clients.