DELHIVERYNSEDelhivery LimitedMediumNegative
Announced Fri, 1 Aug · 17:00 IST

Delhivery Limited has informed the Exchange regarding Resignation of Mr Srivatsan Rajan as Non- Executive Independent Director of the company w.e.f. September 30, 2025.

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DELHIVERY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Delhivery Limited has informed the exchanges that Mr. Srivatsan Rajan (DIN: 00754512) has resigned as Non-Executive Independent Director of the company, effective September 30, 2025. He has also stepped down from all Board committees in which he was appointed. Mr. Rajan first joined the Delhivery board in July 2015, when the company was a small privately held firm, and has served on it for roughly a decade as it grew into a listed industry leader. In his resignation letter, he stated he wishes to contribute to another company's journey and confirmed there are no other material reasons for his resignation. He is not a director in any other listed entity in India.

Likely market impact

This is a routine, pre-planned exit of a long-serving independent director with no governance concerns flagged. Shareholders are unlikely to see any material impact on the stock, though the company will need to appoint a new independent director in due course to maintain board composition requirements.