Delhivery chairman Deepak Kapoor, Director Saugata Gupta to exit board in April
Delhivery will see its Chairman and an independent director exit in April, continuing a board refresh that brought in four new directors last year, including executives from Emcure Pharmaceuticals, boAt Lifestyle, and PB Fintech.
Delhivery announced the departures of Deepak Kapoor, Chairman and Non-Executive Independent Director; and Saugata Gupta, Non-Executive Independent Director; from the company's Board, effective April 1, 2026.
The exits are part of Delhivery's previously announced board rejuvenation initiative.
Kapoor joined Delhivery's Board in 2017, while Gupta came on board in 2021. Both directors were instrumental in guiding the logistics firm through its initial public offering in 2022 and subsequent growth as a publicly traded company.
In 2025, the company appointed Namita Thapar, whole-time Director at Emcure Pharmaceuticals Limited; Sameer Mehta, Co-Founder and Executive Director of boAt Lifestyle; Yashish Dahiya, Chairman, Executive Director and CEO of PB Fintech; and Padmini Srinivasan, faculty member at IIM Bangalore as Non-Executive Independent Directors.
"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. Saugata 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," said Sahil Barua, MD and CEO, Delhivery.
"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...," Barua added.