Delhivery Shareholders Approve Director Appointments and Remuneration via Postal Ballot

Delhivery Limited has disclosed the voting results of its Postal Ballot, confirming that shareholders have approved all six special resolutions with the requisite majority. The resolutions, which were put to vote via remote e-voting facilitated by National Securities Depository Limited (NSDL), pertained to the appointment and remuneration of Non-Executive Independent Directors. The disclosure was made to the stock exchanges on May 8, 2026, in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resolutions Passed

The Postal Ballot Notice, originally dated March 19, 2026, was dispatched to shareholders electronically on April 7, 2026. The remote e-voting window commenced on April 8, 2026, at 9:00 A.M. (IST) and concluded on May 7, 2026, at 5:00 P.M. (IST). The record date for determining eligible voters was April 3, 2026, with a total of 169,182 shareholders on record as of that date. All six resolutions are deemed to have been passed on May 7, 2026, being the last date of remote e-voting.

The following resolutions were considered and approved:

Item No.:	Resolution Description
Resolution 1:	Appointment of Ms. Neelam Dhawan (DIN: 00871445) as Non-Executive Independent Director, and payment of remuneration
Resolution 2:	Remuneration of Mr. Romesh Sobti (DIN: 00031034), Non-Executive Independent Director
Resolution 3:	Remuneration of Mr. Sameer Ashok Mehta (DIN: 02945481), Non-Executive Independent Director
Resolution 4:	Remuneration of Mrs. Namita Vikas Thapar (DIN: 05318899), Non-Executive Independent Director
Resolution 5:	Remuneration of Dr. Padmini Srinivasan (DIN: 09813415), Non-Executive Independent Director
Resolution 6:	Remuneration of Mr. Yashish Dahiya (DIN: 00706336), Non-Executive Independent Director

Detailed Voting Results

The scrutinizer's report, prepared by Ashok, Partner of M/s. VAPN & Associates, Practicing Company Secretaries (ICSI Unique Code: P2015DE045500), provides a detailed breakdown of votes cast for each resolution. All resolutions recorded zero invalid votes. The table below summarises the outcome for each resolution:

Resolution:	Votes in Favour	% in Favour	Votes Against	% Against	Total Votes Cast	Result
Resolution 1 (Ms. Neelam Dhawan):	50,73,29,675	89.2866	6,08,74,217	10.7134	56,82,03,892	Passed
Resolution 2 (Mr. Romesh Sobti):	50,67,43,211	89.5962	5,88,42,574	10.4038	56,55,85,785	Passed
Resolution 3 (Mr. Sameer Ashok Mehta):	53,30,80,432	94.2528	3,25,05,352	5.7472	56,55,85,784	Passed
Resolution 4 (Mrs. Namita Vikas Thapar):	53,30,78,491	94.2525	3,25,07,204	5.7475	56,55,85,695	Passed
Resolution 5 (Dr. Padmini Srinivasan):	53,57,07,574	94.2794	3,25,05,179	5.7206	56,82,12,753	Passed
Resolution 6 (Mr. Yashish Dahiya):	53,57,06,343	94.2792	3,25,06,410	5.7208	56,82,12,753	Passed

Member Participation

The total number of members who participated in the voting process varied by resolution, reflecting the broad shareholder engagement in the postal ballot exercise. The participation details per resolution are as follows:

Resolution:	Total Members Who Voted
Resolution 1 (Ms. Neelam Dhawan):	888
Resolution 2 (Mr. Romesh Sobti):	882
Resolution 3 (Mr. Sameer Ashok Mehta):	881
Resolution 4 (Mrs. Namita Vikas Thapar):	882
Resolution 5 (Dr. Padmini Srinivasan):	885
Resolution 6 (Mr. Yashish Dahiya):	885

In all six resolutions, the promoter and promoter group category recorded no votes, with the entire voting participation coming from public institutional and public non-institutional shareholders. No invalid votes were recorded across any of the resolutions.

Process and Compliance

The postal ballot process was conducted in accordance with Section 108 and Section 110 of the Companies Act, 2013, read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI Listing Regulations. The Scrutinizer's Report was issued on May 8, 2026. The voting results and the Scrutinizer's Report have been submitted to the stock exchanges and will also be hosted on the company's website at www.delhivery.com . The disclosure was signed by Madhulika Rawat, Company Secretary & Compliance Officer (Membership No: F8765), on behalf of Delhivery Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.61%	-0.97%	-2.24%	+6.37%	+24.60%	-15.66%

Delhivery Ltd. witnessed a significant block trade transaction on the National Stock Exchange (NSE), with institutional investors executing a large-volume deal worth Rs. 27.30 crores.

Block Trade Details

The transaction involved substantial share movement in the logistics company's stock, demonstrating active institutional participation in the counter.

Parameter:	Details
Total Shares Traded:	600,709 shares
Price Per Share:	Rs. 454.50
Total Transaction Value:	Rs. 27.30 crores
Exchange:	NSE

Market Significance

Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other significant market participants. These transactions are conducted outside the regular market to avoid impacting the stock's market price during execution.

The execution price of Rs. 454.50 per share for this particular transaction reflects the institutional assessment of Delhivery's current market valuation. Such large-volume trades often indicate strategic portfolio adjustments by institutional investors or potential stake changes in the company.

Transaction Impact

The block trade represents a meaningful transaction volume for Delhivery shares, with the deal size of Rs. 27.30 crores highlighting the scale of institutional interest in the logistics sector. Block trades are typically pre-negotiated transactions that allow large investors to buy or sell substantial quantities without causing significant price volatility in the open market.