Archies Limited has announced the resignation of Mr. Arun Singhal from his position as Non-Executive Independent Director, effective September 22, 2024. The company filed the formal intimation with stock exchanges on January 13, 2026, correcting an earlier incomplete submission.

Resignation Details

Mr. Arun Singhal tendered his resignation due to completion of his tenure period and personal reasons. The resignation was submitted through a formal letter dated September 22, 2024, with immediate effect from the closing of business hours on the same date.

Regulatory Compliance

The company filed the intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Chiranjivi Ramuka signed the formal documents submitted to both BSE Limited and National Stock Exchange of India Limited.

Archies Limited acknowledged that the initial submission contained an incomplete PDF without the annexure of the resignation letter. The company subsequently filed a corrected version with complete documentation on January 13, 2026.

Director's Confirmation

In his resignation letter, Mr. Arun Singhal confirmed several key points:

• No material reasons exist for his resignation beyond those mentioned
• He holds no directorships in any other listed companies
• He expressed gratitude to board members for their support and guidance
• He acknowledged the privilege of serving as a board member

Current Status

Following the resignation, Mr. Arun Singhal holds no directorships or committee positions in other listed entities. The company has requested stock exchanges to acknowledge receipt of the resignation and take the information on record for compliance purposes.

Archies Limited , a prominent player in the social expression industry, has reported a significant turnaround in its financial performance for the quarter ended June 30. The company has also announced key board appointments and committee restructuring, signaling a strategic shift in its governance structure.

Financial Performance

Archies Limited reported a profit of Rs 30.01 lakhs for the quarter, marking a substantial improvement from a loss of Rs 101.61 lakhs in the same quarter last year. The company's revenue from operations increased to Rs 1,352.16 lakhs from Rs 1,320.17 lakhs year-over-year, indicating a modest growth in its business activities.

Segment-wise Performance

The company's financial results reveal a diverse revenue stream across different segments:

Stationery and Paper Bag emerged as the highest revenue contributor, followed by Gifts and Greeting Cards.

Board Appointments and Restructuring

Archies Limited announced several key appointments to its board:

1. Mr. Jagdish Moolchandani has been re-appointed as Executive Director for three years from September 28.
2. Ms. Hanisha has been appointed as Additional Executive Director for two years from August 13.
3. Mr. Shreyans Kataria has been appointed as Additional Independent Director for five years from August 13.

All these appointments are subject to shareholder approval.

Committee Restructuring

Following these appointments, the company has restructured its Audit Committee and Nomination & Remuneration Committee. Both committees will now include Mr. Shreyans Kataria as a member, alongside existing members Mr. Rajinder Kumar Verma (Chairman), Mrs. Sona Mitul Adhia, and Mr. Faizan Rashid Bhat.

Other Key Developments

• M/s Dayal & Maur have been re-appointed as Secretarial Auditors for five years.
• M/s Uberoi Sood and Kapoor have been re-appointed as Tax Auditor.
• The 35th Annual General Meeting is scheduled for September 24.

Auditor's Review

The limited review report by Uberoi Sood & Kapoor, Chartered Accountants, noted that they were unable to comment on the value of inventory and that the company had not deposited statutory dues for the quarter ended June 30, except for Employees' State Insurance Corporation dues.

These developments reflect Archies Limited's efforts to strengthen its financial position and corporate governance structure as it navigates the evolving market landscape in the social expression industry.