Archit Organosys Limited, a chemicals and organics company, has reported a significant increase in its net profit for the quarter ended June 30. The company's Board of Directors approved the unaudited financial results and made key decisions in a meeting held on August 13.

Financial Performance

Archit Organosys saw its net profit more than double to Rs 203.59 crore in Q1, compared to Rs 100.54 crore in the same quarter of the previous year, marking a 103% year-on-year increase. The company's revenue from operations also showed strong growth, rising to Rs 3,319.56 crore from Rs 2,700.44 crore in the corresponding quarter, representing a 23% increase.

The company's financial results for Q1 are summarized in the table below:

The company's total income for the quarter stood at Rs 3,419.09 crore, up from Rs 2,747.03 crore in the same period last year. The profit before tax also saw a substantial increase, rising to Rs 304.76 crore from Rs 141.08 crore in the previous year's Q1.

Improved Profitability

Archit Organosys demonstrated improved profitability, with its basic earnings per share (EPS) rising to Rs 0.99 from Rs 0.49 in the corresponding quarter of the previous year. This 102% increase in EPS reflects the company's strong financial performance and increased shareholder value.

Appointment of New Secretarial Auditor

In addition to approving the financial results, the Board of Directors appointed M/s Ankit Sethi & Associates as the company's Secretarial Auditor. The appointment is for a term of five consecutive years, from April 1, 2025, to March 31, 2030, subject to shareholder approval at the upcoming Annual General Meeting.

M/s Ankit Sethi & Associates is a peer-reviewed practicing Company Secretaries firm with over 10 years of experience. The firm, led by Mr. Ankit Sethi, specializes in listed company compliances, secretarial audits, due diligence, mergers and acquisitions, and other strategic corporate restructurings.

Company Overview

Archit Organosys Limited operates in the chemicals and organics segment. The company's financial results are prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under the Companies Act, 2013.

The strong financial performance of Archit Organosys in Q1 demonstrates the company's resilience and growth potential in the chemicals and organics sector. The appointment of an experienced secretarial auditor also reflects the company's commitment to maintaining high standards of corporate governance and compliance.

Archit Organosys Limited , a prominent player in the chemical industry, has announced a significant change in its leadership team. The company has appointed a new Company Secretary and Compliance Officer, marking an important transition in its corporate governance structure.

Resignation of Mr. Pruthvik Soni

Mr. Pruthvik Soni, who has been serving as the Company Secretary and Compliance Officer, has resigned from his position. His resignation will be effective from the closure of business hours on July 31, 2025. Mr. Soni cited professional reasons and his intention to pursue career opportunities outside the company as the reasons for his departure.

In his resignation letter, Mr. Soni expressed gratitude for the cooperation extended to him during his tenure at Archit Organosys Limited. The company acknowledged his contributions and wished him well in his future endeavors.

Appointment of Mr. Chirag Chouhan

The Board of Directors of Archit Organosys Limited, in a meeting held on July 31, 2025, approved the appointment of Mr. Chirag Chouhan as the new Company Secretary & Compliance Officer. Mr. Chouhan will assume his new role effective August 1, 2025.

Profile of the New Appointee

Mr. Chirag Chouhan brings valuable expertise to his new position at Archit Organosys Limited. He is an Associate Member of the Institute of Company Secretaries of India (ICSI), demonstrating his professional qualifications in the field. Mr. Chouhan has proficiency in Company Law and Securities Law compliances, which are crucial areas for ensuring proper corporate governance and regulatory adherence.

The company has confirmed that Mr. Chouhan is not debarred from holding the office of Company Secretary and Compliance Officer by any SEBI order, ensuring his eligibility for the role.

Regulatory Compliance

This leadership change has been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Archit Organosys Limited has provided all necessary details to the BSE Limited, including the reasons for the change, effective dates, and brief profiles of the outgoing and incoming officers.

Key Personnel for Information Dissemination

As part of the transition, Archit Organosys Limited has updated its list of Key Managerial Personnel authorized to determine the materiality of events and disseminate information to the stock exchange. The updated list includes:

1. Mr. Kandarp Amin - Wholetime Director
2. Mr. Anil Patel - Chief Financial Officer
3. Mr. Chirag Chouhan - Company Secretary & Compliance Officer

Investors and stakeholders can reach out to these officials for any material information or disclosures related to the company.

This leadership change comes as Archit Organosys Limited continues to strengthen its corporate structure. The appointment of Mr. Chirag Chouhan is expected to contribute to the company's ongoing efforts in maintaining robust corporate governance practices and ensuring compliance with regulatory requirements.