Blue Dart Express Limited submitted a regulatory disclosure under SEBI Listing Regulations regarding board decisions made at its meeting held on September 23, 2026 from 11:00 AM to 2:00 PM.

1. Approval of Postal Ballot Notice

The Board of Directors approved the Notice of Postal Ballot to seek member approval for the appointment of Mr. R. S. Subramanian (DIN: 02946608) as Managing Director of the Company. The postal ballot will be circulated to members in accordance with the Companies Act, 2013 and SEBI Listing Regulations.

2. Completion of Tenure of Independent Director

The Board noted that Ms. Kavita Nair (DIN: 07771200), Independent Director, will complete her tenure effective close of business hours on September 25, 2026. The cessation is due to completion of her second term as Independent Director. The Board recorded appreciation for her contributions during her tenure.

3. Appointment of Non-Executive Chairman and Director Resignation

The Board approved the appointment of Mr. Sebastian Paeßens (DIN: 09058693), Non-Executive, Non-Independent Director, as Non-Executive Chairman of the Board effective September 26, 2026.

The Board also noted the resignation of Mr. Charles Simon Dobbie (DIN: 10302056), Non-Executive Director, effective close of business hours on September 25, 2026. The resignation was submitted solely to enable the company to maintain continuous compliance with regulatory requirements relating to board composition following Ms. Nair's departure. Mr. Dobbie's resignation letter was received on September 23, 2026 at 4:51 AM IST. The Board recorded appreciation for his contributions.

4. Reconstitution of Board Committees

Consequent to the cessation of Ms. Kavita Nair as Independent Director and the appointment of Mr. Rajat Kumar Jain (DIN: 00046053) and Mr. Avijit Mukerji (DIN: 03534116) as Independent Directors effective September 23, 2026, the Board reconstituted all committees effective September 26, 2026:

Audit Committee:

  • Mr. Avijit Mukerji (Chairperson)
  • Mr. R.S. Subramanian (Member)
  • Dr. Vandana Aggarwal (Member)

Nomination & Remuneration Committee:

  • Dr. Vandana Aggarwal (Chairperson)
  • Mr. Rajat Jain (Member)
  • Mr. Sebastian Paeßens (Member)

Risk Management Committee:

  • Mr. Rajat Jain (Chairperson)
  • Mr. Balfour Manuel (Member)
  • Mr. R.S. Subramanian (Member)
  • Mr. Sebastian Paeßens (Member)
  • Mr. Tushar Gunderia (Member)
  • Mr. Savio Mendonca (Member)
  • Mr. Sagar Patil (Member)

CSR Committee:

  • Mr. Balfour Manuel (Chairperson)
  • Mr. Rajat Jain (Member)
  • Mr. R.S. Subramanian (Member)
  • Mr. Avijit Mukerji (Member)

Stakeholders Relationship Committee:

  • Mr. R.S. Subramanian (Chairperson)
  • Mr. Avijit Mukerji (Member)
  • Mr. Balfour Manuel (Member)