Blue Dart Express Limited

Meeting Details

The AGM was conducted on September 22, 2026 through VC/OAVM. Remote e-voting commenced on September 17, 2026 at 9:00 AM and ended on September 21, 2026 at 5:00 PM. National Securities Depository Limited (NSDL) was appointed for both remote e-voting and e-voting during the AGM.

Voting Results Summary

All eight resolutions were passed with requisite majority:

Resolution 1 - Ordinary Resolution:

  • To receive, consider and adopt audited standalone and consolidated financial statements for FY2025-26
  • Total shares voted: 2,14,06,862 (90.21% of total shares)
  • Votes in favor: 2,14,06,753 (99.9995% of votes cast)
  • Votes against: 109 (0.0005% of votes cast)

Resolution 2 - Ordinary Resolution:

  • To declare dividend of ₹25 per equity share for FY2025-26
  • Total shares voted: 2,14,06,862 (90.21% of total shares)
  • Votes in favor: 2,14,06,753 (99.9995% of votes cast)
  • Votes against: 109 (0.0005% of votes cast)

Resolution 3 - Ordinary Resolution:

  • To reappoint Mr. Sebastian Paelsens (DIN: 09058693) as Director
  • Total shares voted: 2,14,06,862 (90.21% of total shares)
  • Votes in favor: 2,15,90,775 (99.9248% of votes cast)
  • Votes against: 16,107 (0.0752% of votes cast)

Resolution 4 - Ordinary Resolution:

  • To approve revision in remuneration of Mr. Balfour Manuel, Managing Director (DIN: 08416666) for period April 1, 2026 to March 31, 2027
  • Total shares voted: 2,14,06,862 (90.21% of total shares)
  • Votes in favor: 2,09,78,334 (98.0439% of votes cast)
  • Votes against: 4,18,728 (1.9561% of votes cast)

Resolution 5 - Ordinary Resolution:

  • To approve payment of commission to Non-Executive Directors for five years from August 1, 2026
  • Total shares voted: 2,14,06,862 (90.21% of total shares)
  • Votes in favor: 2,14,06,378 (99.9977% of votes cast)
  • Votes against: 484 (0.0023% of votes cast)

Resolution 6 - Ordinary Resolution:

  • To appoint Mr. Charles Simon Dobbie (DIN: 10302056) as Director
  • Total shares voted: 2,14,06,862 (90.21% of total shares)
  • Votes in favor: 2,13,98,379 (99.9604% of votes cast)
  • Votes against: 8,483 (0.0396% of votes cast)

Resolution 7 - Special Resolution:

  • To appoint Mr. Rajat Kumar Jain (DIN: 00046053) as Independent Director for five years from September 23, 2026 to September 22, 2031
  • Total shares voted: 2,14,06,862 (90.21% of total shares)
  • Votes in favor: 2,13,98,155 (99.9297% of votes cast)
  • Votes against: 15,707 (0.0703% of votes cast)

Resolution 8 - Special Resolution:

  • To appoint Mr. Avijit Mukerji (DIN: 03534116) as Independent Director for five years from September 23, 2026 to September 22, 2031
  • Total shares voted: 2,14,06,862 (90.21% of total shares)
  • Votes in favor: 2,14,07,757 (99.9845% of votes cast)
  • Votes against: 3,105 (0.0145% of votes cast)

Scrutinizer Appointment

Mr. Vaibhav Dandawate, Partner of Makarand M. Joshi & Co., Practicing Company Secretaries, was appointed as Scrutinizer by the Board of Directors at their meeting held on May 09, 2026.

Shareholding Pattern

  • Promoter/Promoter Group: 1,77,95,950 shares (74.91% of total share capital)
  • Public Institutional: 42,70,003 shares (17.98% of total share capital)
  • Public Non-Institutional: 17,31,281 shares (7.29% of total share capital)
  • Total Share Capital: 2,37,27,934 equity shares

Additional Notes

  • Voting rights on shares transferred to 'Unclaimed Suspense Account' and 'Investor Education and Protection Fund' were frozen
  • Votes cast do not include abstained and invalid votes
  • Foreign Portfolio Investors who had not submitted additional disclosures by prescribed period had restricted voting rights as per SEBI Master Circular