Blue Dart Express Announces Resignation of Independent Director and Chairman
Blue Dart Express Limited announced that Mr. Prakash Apte, who currently serves as Chairman and Independent Director, has tendered his resignation due to health reasons. The resignation is effective from the conclusion of the Board Meeting scheduled for Monday, April 13, 2026.Mr. Prakash Apte confirmed his resignation as Chairman and Independent Director. Consequently, he will also cease to be the Chairman and Member of the Audit Committee, and a member of the NRC, Risk Management Committee, CSR Committee, and Stakeholder Relationship Committee of the Company. The company board expressed its appreciation for the valuable contribution made by Mr. Apte during his tenure.
Details regarding Mr. Apte's directorships and committee memberships are summarized below:
| Sr. No. | Detail | Information |
|---|---|---|
| 1. | Name of Director | Mr. Prakash Apte (DIN :00196106) |
| 2. | Reason for change | Resignation of Mr. Prakash Apte, as Chairman and Independent Director of the Company with effect from the conclusion of the Board Meeting scheduled on Monday, April 13, 2026, due to health reasons. |
| 3. | Date of cessation | On conclusion of the Board Meeting scheduled on Monday, April 13, 2026 |
Furthermore, the information details Mr. Apte's directorships in listed entities:
- Fine Organics Industries Ltd. - Independent Director
- GMM Pfaudler Ltd. - Independent Director
His committee positions include:
- Fine Organics Industries Ltd.: Risk Management Committee - Chairman, Audit Committee - Member, Stakeholders Relationship Committee - Member, CSR Committee - Member
- GMM Pfaudler Ltd.: Audit Committee - Member, NRC - Member, Risk Management Committee - Member
Mr. Prakash Apte confirmed that there are no material reasons for his resignation other than those stated regarding his health.
BLUEDART Stock Price Movement
On Friday, Blue Dart Express Limited shares edged higher to close at ₹5170.6, gaining 2.63% for the day. The stock traded on a volume of 15,951 shares, marking a strong session for the logistics provider.Source:
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