DELHIVERY LIMITED has informed the Exchange about Resignation of Independent director.
DELHIVERY · price
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Srivatsan Rajan has resigned as a Non-Executive (Independent) Director from Delhivery's Board, effective 30th September 2025. He originally joined the board in July 2015 and served for approximately 10 years, including through the company's IPO journey. He stated no material reasons for the resignation other than wanting to contribute to another company's growth, and confirmed he holds no directorship in any other listed Indian entity. The resignation is planned and not abrupt, with a nearly two-month transition period.
This is a routine, planned exit of a long-serving independent director with no governance red flags. It may lead to a board reconstitution in the coming months, but should not have a material impact on the stock price or company operations.