DELHIVERYNSEDelhivery LimitedMediumNeutral
Announced Sat, 16 May · 18:04 IST

Delhivery Limited has informed the Exchange regarding Appointment of Mr. Kabir Ahmed Shakir (DIN: 03584898) as an Additional Director under the category of Non-Executive Independent Director of the Company with effect from May 16, 2026,

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

Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹476.20
prior close
₹472.95
base price
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-2.5-3.9-4.4-4.4-3.5-4.0-5.0-5.9-4.2-3.6-7.8-3.9+2.3
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AI summary

Delhivery Limited has announced the appointment of Mr. Kabir Ahmed Shakir as an Additional Director under the category of Non-Executive Independent Director, effective May 16, 2026. The appointment is for a term of five years (May 16, 2026 to May 15, 2031), subject to shareholder approval. Mr. Shakir brings over 35 years of global finance and business leadership experience, having served as Global CFO of Tata Communications and CFO of Microsoft India. He has received multiple CFO of the Year awards including from Businessworld (2023, 2024), CII (2023), and Economic Times (2024). The company has confirmed that Mr. Shakir is not debarred from holding a director position by any regulatory authority.

Likely market impact

This appointment strengthens Delhivery's board with a seasoned finance professional, which could boost investor confidence given his extensive experience at major multinational companies. The appointment is subject to shareholder approval and will enhance governance oversight as an independent director.