Delhivery Limited has commenced the remote e-voting process for a postal ballot seeking shareholder approval to appoint Mr. Kabir Ahmed Shakir as a Non-Executive Independent Director. The resolution, classified as a Special Resolution, also seeks approval for the payment of remuneration to the director for a tenure of five years effective from May 16, 2026, to May 15, 2031. The electronic dispatch of the postal ballot notice was completed on Tuesday, June 9, 2026, to members registered as on the cut-off date of Friday, June 5, 2026.

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting facility. The e-voting period started on Wednesday, June 10, 2026, at 9:00 AM IST and will conclude on Thursday, July 9, 2026, at 5:00 PM IST. Shareholders who have not received the notice may obtain their Login ID and Password by contacting NSDL or the company's Registrar and Transfer Agent, MUFG Intime India Private Limited.

Mr. Prabhakar Kumar, Partner of M/s VAPN & Associates, has been appointed as the Scrutinizer to ensure the conduct of the postal ballot is fair and transparent. The results of the voting will be announced on or before Monday, July 13, 2026, and subsequently communicated to the stock exchanges. The resolution will be deemed to have been passed on the last date of e-voting, July 9, 2026, if approved by the requisite majority.

The proposed remuneration for Mr. Kabir Ahmed Shakir is ₹7.0 million per annum, in addition to sitting fees for attending Board and Committee meetings. The appointment is subject to the approval of members and is based on the recommendation of the Nomination and Remuneration Committee. The director has submitted the necessary declarations confirming his independence and compliance with regulatory requirements.

Key Event Details

Resolution Details

Delhivery Limited incorporated a wholly owned subsidiary named Delhivery Fintech Distribution Private Limited on June 2, 2026, to expand its operational footprint in the financial technology distribution sector. This strategic move aims to diversify the company's service offerings and leverage synergies within its existing logistics network.

The new entity, Delhivery Fintech Distribution Private Limited, has been established as a wholly owned subsidiary of Delhivery Limited. The disclosure regarding this formation was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely disclosure of material events that could impact the company's operations or shareholder value.

Key Details of the Subsidiary