Blue Dart Express Company Secretary Tushar Gunderia steps down
Blue Dart Express (BLUEDART) said Tushar Gunderia, Company Secretary, has ceased. The company is valued at about ₹10,813 crore.
What happened
Blue Dart Express (BLUEDART) told the exchanges on 9 October 2026 at 01:30 PM that Tushar Gunderia, Company Secretary, has ceased.
From the filing: "The Board conveyed its best wishes to him as he embarks on the next chapter of his journey. ii) Appointment of Mr.Rabindra Purohit (ICSI Membership No."
Company snapshot
Blue Dart Express is a small-cap company in the Services sector, with a market value of about ₹10,813 crore.
The stock last traded at ₹4,557, against a 52-week range of ₹4,458.1–₹7,036 (35.2% below the high).
Before this filing the shares had moved −8.6% over the month and −7.3% over three months. Average daily turnover over the last 20 sessions was about ₹6.3 crore.
Promoters held 75.00% at the end of Q1 FY27. Foreign institutions owned 3.35% and domestic institutions 14.47%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,442 | 48.8 | 20.58 |
| Q2 FY26 | 1,549 | 81.4 | 34.3 |
| Q3 FY26 | 1,616 | 68.3 | 28.79 |
| Q4 FY26 | 1,533 | 48.9 | 20.59 |
| Q1 FY27 | 1,658 | 88.5 | 37.29 |
What history shows
BCEIE's records show 11 previous management change filings from the company since May 2026.
After those filings, the stock was unchanged 0.0% on average the next trading day and was down 1.9% on average after five days (11 filings with price data).
Across 73 similar disclosures by other Services companies, shares moved +0.1% on average the next day and +0.3% over five days; 49% of them rose the next day.
Market-wide, 3,913 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 23 Sept 2026 | Resignation of Director/KMP/SMP | −1.1% | −6.3% |
| 23 Sept 2026 | Cessation of Ms Kavita Nair as Independent Director of the company… | +0.1% | −3.3% |
| 23 Sept 2026 | Resignation of Mr Charles Simon Dobbie as Non- Executive Director of… | +0.1% | −3.3% |
| 23 Sept 2026 | Change in Director(s) of the company. | +0.1% | −3.3% |
| 15 Sept 2026 | Change in Director(s) of the company. | −0.7% | −0.9% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Blue Dart Express Announces 9-12% Domestic Price Increase Effective January 1, 2027
- Blue Dart Express Share Price: fresh 52-week low, valuation
- Blue Dart Express to raise domestic service prices by 9-12%
- Blue Dart Express Signs MoU With Ncrtc To Explore Express Parcel Movement On Namo Bharat Corridor
- 5 Stocks in Focus Today: Blue Dart, Titan, Asian Paints
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.