Delhivery appoints Kabir Ahmed Shakir as Independent Director

1 min read     Updated on 10 Jul 2026, 06:41 PM
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Reviewed by
Suketu GScanX News Team
AI Summary

Delhivery Limited announced that shareholders have approved the appointment of Mr. Kabir Ahmed Shakir as a Non-Executive Independent Director through a postal ballot. The special resolution secured 89.79% of the votes in favour, with 10.21% against, out of a total of 51.64 crore votes polled. The remote e-voting process was conducted by NSDL and scrutinized by M/s. VAPN & Associates.

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Delhivery Limited shareholders have approved the appointment of Mr. Kabir Ahmed Shakir as a Non-Executive Independent Director. The resolution was passed via a remote e-voting postal ballot process that concluded on July 9, 2026. The appointment includes provisions for the payment of remuneration to the new director.

The special resolution required a requisite majority and was approved with 89.79% of the total votes polled in favour. A total of 994 shareholders participated in the voting process, casting 51,64,18,706 votes. The scrutinizer's report confirmed that the resolution was passed with the necessary consent.

Voting Results

The detailed voting outcomes were disclosed in the scrutinizer's report submitted to the stock exchanges. The breakdown of votes cast by different categories of shareholders is provided below.

Category Votes For Votes Against % For % Against
Public-Institutions 46,02,73,381 5,27,22,852 89.72 10.28
Public-Non Institutions 34,12,317 10,156 99.70 0.30
Total 46,36,85,698 5,27,33,008 89.79 10.21

Postal Ballot Process

The remote e-voting process was managed by National Securities Depository Limited (NSDL). Voting commenced on June 10, 2026, and concluded on July 9, 2026. The notice for the postal ballot was dispatched to shareholders on June 9, 2026, and advertisements were published in the Financial Express and Jansatta on June 10, 2026.

Ashok, Partner of M/s. VAPN & Associates, served as the scrutinizer for the process. The report confirmed that the resolution was deemed to have been passed on the last date of remote e-voting, July 9, 2026, at 5:00 P.M. IST. The results were submitted to the stock exchanges on July 10, 2026.

Historical Stock Returns for Delhivery

1 Day5 Days1 Month6 Months1 Year5 Years
-0.25%-0.94%+9.60%+23.83%+19.05%-7.32%

What strategic expertise will Mr. Kabir Ahmed Shakir bring to Delhivery's board in the evolving logistics sector?

How might this appointment influence Delhivery's governance policies and future strategic decisions?

What impact could this leadership change have on investor confidence and stock performance?

Delhivery Records ₹166.44 Crore Block Trade on NSE at ₹521 Per Share

0 min read     Updated on 10 Jul 2026, 03:05 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

A block trade in Delhivery was executed on the NSE for approximately 31,94,619 shares at ₹521 per share, amounting to a total deal value of ₹166.44 crore. Such large-lot transactions are typically associated with institutional participation and are carried out to limit market impact.

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A notable block trade in delhivery was recorded on the National Stock Exchange (NSE), with approximately 31,94,619 shares transacted at a price of ₹521 per share. The total value of the block deal stood at ₹166.44 crore, marking a significant large-lot transaction in the company's scrip.

Block Trade Details

The following table summarises the key parameters of the block trade executed on the NSE:

Parameter: Details
Exchange: NSE
Number of Shares: ~31,94,619
Trade Price: ₹521 per share
Total Trade Value: ₹166.44 crore

Block trades of this scale typically involve institutional investors or large stakeholders and are executed outside the regular market order book to minimise price impact. The transaction in Delhivery's shares reflects substantial interest from large-lot participants in the logistics sector.

Historical Stock Returns for Delhivery

1 Day5 Days1 Month6 Months1 Year5 Years
-0.25%-0.94%+9.60%+23.83%+19.05%-7.32%

How might this block trade influence Delhivery's stock price in the upcoming trading sessions?

What does this transaction indicate about institutional sentiment towards the logistics sector?

Could this block deal signal a potential change in Delhivery's shareholder structure or strategic direction?

More News on Delhivery

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1 Year Returns:+19.05%