Deepak Kapoor, Saugata Gupta to Exit Delhivery Board Under Rejuvenation Plan The board exits are scheduled to take effect on April 1, 2026.
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Delhivery has announced that Deepak Kapoor, Chairman and Non-Executive Independent Director, and Saugata Gupta, Non-Executive Independent Director, will step down from the company's Board with effect from April 1, 2026.
The company said the departures are part of its previously communicated board rejuvenation initiative.
Kapoor has been associated with Delhivery since 2017, while Gupta joined the Board in 2021. During their tenure, both directors played a key role in guiding the logistics company through its initial public offering in 2022 and supporting its transition into a listed entity.
Sahil Barua, Managing Director and Chief Executive Officer of Delhivery, said, "Deepak served as Chairman of our Board for over eight years and was instrumental in helping us set up high quality governance, board processes, appropriate financial systems and controls and internal audit processes." He added that Gupta "played a large role as Chairperson of our NRC, helping us benchmark and institutionalise HR processes and metrics and hone our recruitment and retention strategy for high quality talent."
Barua further said, "More importantly, Deepak and Saugata have been instrumental in our process of recognising the need for and enabling the reconstitution of the Board of Directors in line with our ambitious next phase of growth."
In 2025, Delhivery strengthened its Board with the appointment of Namita Thapar, Whole-time Director at Emcure Pharmaceuticals Limited; Sameer Mehta, Co-founder and Executive Director of consumer electronics brand boAt Lifestyle; Yashish Dahiya, Chairman, Executive Director and Chief Executive Officer of PB Fintech, the parent company of Policybazaar and Paisabazaar; and Padmini Srinivasan, a faculty member at the Indian Institute of Management Bangalore, as Non-Executive Independent Directors. The company said the refreshed board composition aligns with its long-term growth strategy and evolving governance requirements.
