Delhivery Limited has announced the appointment of Mr. Kabir Ahmed Shakir as a Non-Executive Independent Director on its Board, effective May 16, 2026. The appointment was approved at a Board meeting held on the same date and is subject to the approval of shareholders. Additionally, Mr. Shakir will join the company's Audit Committee. Separately, the company announced that Romesh Sobti will step down from the Board effective June 30, 2026, marking the completion of its board rejuvenation programme.

Appointment Details

The key parameters of Mr. Shakir's appointment are summarised below:

The company confirmed that Mr. Shakir is not debarred from holding the office of Director by virtue of any order of SEBI or any other such authority.

Profile of the Incoming Director

Mr. Kabir Ahmed Shakir is a global finance and business leader with over 35 years of experience across the consumer, technology, and telecommunications industries. Most recently, he served as the Global CFO of Tata Communications, under whose leadership the company was awarded the Turnaround Company of the Year by Forbes in March 2023.

Prior to his role at Tata Communications, Mr. Shakir served as CFO of Microsoft India and spent 23 years at Unilever in senior finance roles across India and the UK. He has received multiple recognitions for his contributions to the finance profession:

• CFO of the Year by Businessworld in both 2023 and 2024
• CFO of the Year by CII in 2023
• CFO of the Year by the Economic Times in 2024
• Ranked among the top CFOs in the telecommunications sector in Asia by Institutional Investor Research
• Recipient of the 'Distinguished Alumni of the Year' award by the India Management Conclave, presented by Former President Shri Ram Nath Kovind

Mr. Shakir is an alumnus of BIM Trichy and is an avid speaker at various management and finance events.

Delhivery Limited has informed the exchanges regarding the resignation of its Independent Director, Mr. Romesh Sobti. The resignation is effective from the end of day on June 30, 2026. This decision comes as part of a planned Board rejuvenation process, as stated in the director's resignation letter.

Mr. Sobti has served on the Board for almost five years. In his resignation letter, he expressed gratitude for the opportunity to witness the evolution of the logistics sector and the company's business model. He noted that the management's strategy to widen its suite of services and execute consolidation in the logistics sector was appreciable.

Consequent to his resignation, Mr. Sobti will cease to hold the position of Chairman of the Audit Committee. He will also step down as a member of the Stakeholders Relationship Committee, Risk Management Committee, and Merger & Acquisition Committee.

The Board of Directors of Delhivery placed on record its appreciation for the valuable contributions and guidance provided by Mr. Sobti during his tenure. He confirmed that there are no other material reasons for his resignation apart from the board rejuvenation process.

Mr. Sobti holds directorships in other listed entities, including Adani Green Energy Limited and Dabur India Limited. The company has confirmed that the necessary disclosures and the resignation letter are enclosed and will be hosted on its website.