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BLUEDART
Blue Dart announced a pre‑planned leadership change: long‑serving Managing Director Balfour Manuel will step down on November 29, 2026 after 43 years, and will continue as Senior Strategic Advisor until May 15, 2027. R.S. Subramanian, currently MD of DHL Express India and a Blue Dart non‑executive director since 2019, has been appointed MD effective November 30, 2026 (term to May 25, 2030), subject to approvals. The board also recommended a final dividend of ₹25 per equity share (250% on ₹10 face value) for FY26. The 35th AGM is scheduled for September 22, 2026 at 12:00 noon via VC/OAVM; book closure runs September 16–22, e‑voting is open September 17–21, and the dividend (if approved) is payable on or after September 25, 2026. In Q1 FY27, Blue Dart reported an 81% YoY jump in net profit on strong shipment volumes. Shares were around ₹4,855–₹4,866 on September 16, with a market capitalisation near ₹11,500–₹11,600 crore.#FundamentalViews#WatchOutFor#StockInNews
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