Archidply Industries Limited has issued a Postal Ballot Notice dated May 08, 2026, seeking shareholder approval through remote e-voting for the re-appointment of Mr. Pritam Singh (DIN: 01168865) as a Non-Executive Independent Director for a second consecutive term of five years, effective June 18, 2026, to June 17, 2031. The notice was filed with BSE Limited and the National Stock Exchange of India Limited on May 14, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot and E-Voting Details

The resolution is being put to members as a Special Resolution. The e-voting facility has been made available through KFin Technologies Limited, the Company's Registrar and Transfer Agent. Members whose names appear in the Register of Members or Register of Beneficial Owners as on the Cut-Off Date of May 08, 2026, are eligible to vote.

The notice is being sent exclusively through electronic means to members who have registered their email addresses with the Company, Depositories, Depository Participants, or the RTA. Hard copies of the notice and postal ballot forms will not be dispatched. The proposed resolution, if approved by the requisite majority, shall be deemed to have been passed on June 15, 2026, the last date of e-voting.

Background of the Re-appointment

The Board of Directors, at its meeting held on May 08, 2026, approved the re-appointment of Mr. Pritam Singh based on the recommendation of the Nomination and Remuneration Committee, following a performance evaluation. Mr. Pritam Singh's first term as Independent Director ends on June 17, 2026. The Board has noted that his continuance would be beneficial to the Company, given his professional background and contributions during his tenure.

The following table provides key details of Mr. Pritam Singh as disclosed in the Postal Ballot Notice:

Mr. Pritam Singh has confirmed that he meets the criteria of independence under Section 149(6) of the Companies Act, 2013, and Regulation 16 of the SEBI Listing Regulations. He has also confirmed that he is not debarred from holding the office of Director by any order of SEBI or any other statutory authority.

Appointment of Internal Auditor

In addition to the director re-appointment, the Board at its May 08, 2026 meeting approved the appointment of Girdhari Sharma & Co. (Firm Registration No. 312171E) as the Internal Auditor of the Company for the financial year 2026-27. The firm was established on August 13, 1979, and consists of two partners — Mr. G.L. Sharma (B.Com(H), A.C.S., L.L.B., F.C.A., DISA) and Mr. N.L. Sharma (B.Com(H), FCA). The firm brings over 40 years of experience in conducting statutory and internal audits across diversified sectors, including manufacturing of plywood, medicines, production and distribution of films, hotels, construction companies, engineering products, plastic products, petrol pumps, partnership firms, charitable trusts, trading companies, and NBFCs.

Scrutinizer and Results Disclosure

The Board appointed M/s Rajneesh Sharma & Company, Practicing Company Secretaries, as the Scrutinizer to oversee the postal ballot e-voting process in a fair and transparent manner. Upon completion of the scrutiny, the Scrutinizer will submit the results to the Chairman or any other authorised officer of the Company. The Postal Ballot results, along with the Scrutinizer's Report, will be submitted to BSE Limited and the National Stock Exchange of India Limited within two working days from the conclusion of the e-voting period. The results will also be uploaded on the Company's website at www.archidply.com and on the KFin Technologies Limited website. The necessary disclosures have been made in accordance with Regulation 30 of the SEBI Listing Regulations and relevant SEBI circulars.

Archidply Industries Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at its meeting held on May 08, 2026, following review by the Audit Committee. Statutory auditors M/s GRV & PK, Chartered Accountants (FRN: 008099S) issued an unmodified opinion on both standalone and consolidated financial statements, as confirmed by Managing Director Rajiv Daga and Chief Financial Officer Anil Sureka in a declaration filed pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A public notice of the audited financial results was subsequently advertised in newspapers and submitted to BSE Limited and the National Stock Exchange of India Ltd. by Company Secretary & Compliance Officer Atul Krishna Pandey on May 09, 2026.

Standalone Financial Performance

The company delivered a robust performance on a standalone basis for FY26, with revenue from operations growing to ₹50,774.59 lakhs from ₹46,428.17 lakhs in FY25. Total income for the year stood at ₹50,845.79 lakhs, compared to ₹46,535.61 lakhs in the previous year. Net profit from continuing operations improved significantly to ₹1,073.94 lakhs from ₹787.86 lakhs in FY25. Total comprehensive income for FY26 was ₹1,072.73 lakhs, against ₹761.95 lakhs in FY25.

The following table summarises the key standalone financial metrics:

Standalone Segment Performance

Across the three business segments, Plywood & Allied Products remained the largest revenue contributor, with annual segment revenue of ₹34,660.62 lakhs in FY26 compared to ₹31,708.31 lakhs in FY25. Laminate & Allied Products contributed ₹14,570.66 lakhs in FY26, up from ₹13,226.33 lakhs in FY25. Medium Density Fibre Board recorded segment revenue of ₹1,528.59 lakhs in FY26 against ₹1,473.42 lakhs in FY25.

Standalone Balance Sheet Highlights

As at March 31, 2026, the company's total assets stood at ₹29,466.19 lakhs compared to ₹27,398.82 lakhs as at March 31, 2025. Total shareholders' funds increased to ₹13,006.39 lakhs from ₹11,933.66 lakhs in the previous year, supported by equity share capital of ₹1,986.50 lakhs and other equity of ₹11,019.89 lakhs. Total current liabilities declined to ₹14,003.56 lakhs from ₹14,593.18 lakhs. On a standalone cash flow basis, net cash flow from operating activities stood at ₹2,365.64 lakhs for the year ended March 31, 2026, compared to ₹2,309.72 lakhs in the previous year. Cash and cash equivalents at year end stood at ₹16.98 lakhs.

Consolidated Financial Performance

On a consolidated basis, which includes the 100% subsidiary Archidpanel Industries Private Limited, Archidply Industries reported a strong turnaround. Consolidated revenue from operations grew to ₹67,070.18 lakhs in FY26 from ₹55,591.29 lakhs in FY25. Consolidated net profit from continuing operations stood at ₹797.63 lakhs in FY26, reversing a net loss of ₹735.80 lakhs in FY25. Total comprehensive income for the consolidated entity was ₹796.47 lakhs in FY26, compared to a total comprehensive loss of ₹761.70 lakhs in FY25.

Consolidated Segment Performance

At the consolidated level, the Medium Density Fibre Board segment recorded a significant turnaround, with FY26 revenue of ₹18,157.41 lakhs compared to ₹10,841.43 lakhs in FY25, and a segment result of ₹542.50 lakhs against a loss of ₹850.67 lakhs in FY25. Plywood & Allied Products contributed consolidated revenue of ₹34,660.62 lakhs (FY25: ₹31,639.99 lakhs) with a segment result of ₹4,657.62 lakhs (FY25: ₹4,185.02 lakhs). Laminate & Allied Products reported consolidated revenue of ₹14,237.42 lakhs (FY25: ₹13,089.77 lakhs) with a segment result of ₹3,371.42 lakhs (FY25: ₹2,905.59 lakhs). Consolidated net cash flow from operating activities improved sharply to ₹3,411.71 lakhs in FY26 from a cash outflow of ₹2,335.76 lakhs in FY25, with consolidated cash and cash equivalents at year end at ₹35.32 lakhs.

Exceptional Item — Impact of Labour Codes

During the year, the company recognised an exceptional item related to the implementation of new Labour Codes. On November 21, 2025, the Government of India notified provisions of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020, which consolidate twenty-nine existing labour laws. The company assessed the financial implications, which resulted in an increase in gratuity liability and leave liability. On a standalone basis, this impact amounted to ₹138.86 lakhs, while on a consolidated basis it was ₹139.38 lakhs. Both amounts have been presented as "Impact of Labour Codes" under "Exceptional Item" in the respective Statements of Profit and Loss for the year ended March 31, 2026, given the non-recurring nature of the event.

Auditor's Opinion and Compliance

The audited financial results were reviewed by the Audit Committee and approved by the Board of Directors on May 08, 2026. M/s GRV & PK, Chartered Accountants (FRN: 008099S), issued an unmodified audit opinion on both standalone and consolidated financial results for the year ended March 31, 2026. The financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. The results are also available on the company's website at www.archidply.com and on the stock exchange websites at www.bseindia.com and www.nseindia.com .