Blue Dart Express Limited announced that at its Meeting of the Board of Directors of the company held on January 20, 2023, the Board of Directors noted/approved following: Mr. Aneel Gambhir, Chief Financial Officer (KMP) has tendered his resignation vide letter dated January 18, 2023 on account of his desire to pursue other opportunities. Pursuant to the approval and recommendation by the Nomination & Remuneration Committee and Audit Committee, Mr. V. N. Iyer, Sr. Vice President, Finance & Accounts of the Company, has been appointed as Acting Interim Chief Financial Officer and as Key Managerial Personnel (KMP) of the Company. He will be KMP under the provisions of the Companies Act, 2013.

Mr. V. N. Iyer is BSc (Statistics) and qualified Cost Accountant with more than three decades experience in Accounts, Finance, Taxation, Treasury Operations, Financial Analysis, Internal Control Framework. He was deputed as CFO of Blue Dart Aviation Ltd. for Five years and has exposure in Aviation Finance. Except Mr. V.N.Iyer, none of the Directors and Key Managerial Personnel of the Company and their respective relatives is concerned or interested, financially or otherwise in the above.