Archies Limited has officially re-appointed Mr. Varun Moolchandani as an Executive Director of the company for a term of two years, effective from May 5, 2026. This decision was disclosed to the stock exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The re-appointment follows his previous tenure, ensuring continuity in the company's leadership.

Board Meeting and Postal Ballot Details

The Board Meeting to discuss this re-appointment commenced at 11:30 P.M. and concluded at 12:30 PM. To ensure a fair and transparent process, the company conducted a postal ballot for the appointment. Mr. Shailesh Dayal, Proprietor of M/s Dayal & Maur (Company Secretaries), New Delhi, was appointed as the scrutinizer to oversee the e-voting process. The information regarding this corporate action has been made available on the company’s official website.

Profile of the Re-appointed Director

Mr. Varun Moolchandani brings extensive experience to his role. Aged 44, he is a graduate from Delhi University with 26 years of business experience across categories such as Fragrance & Cosmetics, International Brand Tie-ups, and new business concepts. His expertise includes team management, leadership, strategic alliances, international business, and P&L responsibility.

Key Details of Mr. Varun Moolchandani

Terms and Relationships

The terms and conditions of the re-appointment are as per the agreement outlined in the appointment letter. Mr. Moolchandani is the son of Mr. Anil Moolchandani and the nephew of Mr. Jagdish Moolchandani. As of March 31, 2026, he does not hold any directorships or memberships in committees of other boards. The company has affirmed that he is not debarred from holding the office of director by any SEBI order or other authority.

Archies Limited has announced the resignation of Mr. Rajinder Kumar Verma from his position as Non-Executive Independent Director, effective March 11, 2026. The company informed both the National Stock Exchange and BSE Limited about this corporate governance change under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Resignation Details

Mr. Rajinder Kumar Verma, holding Director Identification Number (DIN) 10209315, submitted his resignation through email on March 11, 2026. The resignation takes effect from the closure of business hours on the same date.

Committee Positions Affected

The resignation significantly impacts the company's committee structure as Mr. Verma was serving in multiple leadership roles. His departure affects three critical committees where he held the Chairman position:

• Chairman of the Audit Committee
• Chairman of the Nomination and Remuneration Committee
• Chairman of the Corporate Social Responsibility Committee

Regulatory Compliance and Confirmation

In compliance with regulatory requirements, Mr. Verma has provided written confirmation that there are no material reasons for his resignation other than the personal commitments mentioned in his resignation letter. This confirmation is mandatory under SEBI regulations for independent director resignations.

Resignation Communication

In his resignation letter addressed to the Board of Directors, Mr. Verma expressed gratitude for the opportunity to serve as an Independent Director, describing it as "a most enriching experience." He thanked the Board of Directors for their continuous support and guidance during his tenure and extended best wishes for the company's future success.

The company has formally communicated this change to both stock exchanges where its shares are listed, ensuring full regulatory compliance and transparency with stakeholders regarding this board-level change.