
Board Meeting8 Aug 2026, 05:02 pm
Delhivery Ltd Approves Investment in Subsidiary, Reappoints Directors
AI Summary
Delhivery Ltd's Board of Directors met on August 08, 2026, approving the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The board also approved the re-appointment of Mr. Sahil Barua as Managing Director & CEO and Mr. Kapil Bharati as Whole-time Director (Executive Director & CTO), both for five-year terms starting October 13, 2026. A significant decision was the approval of an investment not exceeding ₹50 crores in its wholly-owned subsidiary, Delhivery Financial Services Private Limited (DFSPL), to fund its operational and business requirements. DFSPL, incorporated in January 2026, operates in the non-banking financial company sector.
Key Highlights
- Board approved Q1 FY27 unaudited financial results.
- Re-appointment of MD & CEO and Whole-time Director approved.
- Investment of up to ₹50 Cr approved for wholly-owned subsidiary DFSPL.
- DFSPL is a non-banking financial company.
- Directors confirmed not debarred from holding office.
Price Impact
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