Archies Limited has announced the resignation of its Executive Director and Chief Financial Officer, Mr. Jagdish Moolchandani, effective from the close of business hours on March 28, 2026. The resignation was formally submitted on February 26, 2026, with health issues cited as the primary reason for departure.

Regulatory Filing Details

The company has informed both the National Stock Exchange of India Limited and BSE Limited about this key management change under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal intimation was filed by Company Secretary and Compliance Officer Chiranjivi Ramuka on February 26, 2026.

Executive Profile and Resignation Details

Mr. Moolchandani, who holds Director Identification Number (DIN) 00016718, has served in the dual capacity of Executive Director and Chief Financial Officer. His resignation letter, addressed to the Board of Directors, specifically states that he is resigning "due to health reasons which require my immediate and sustained attention."

Compliance and Documentation

The company has fulfilled its regulatory obligations by providing comprehensive documentation including detailed annexures outlining the resignation particulars and the complete resignation letter as required under SEBI regulations. Mr. Moolchandani has confirmed that there are no other material reasons for his resignation beyond those mentioned in his resignation letter.

In his formal resignation communication, Moolchandani expressed gratitude to the Board, management, and colleagues for their support and cooperation during his tenure with the company. The resignation follows proper corporate governance procedures, with all necessary intimations filed with stock exchanges and regulatory authorities as required under applicable laws.

Leadership Transition

The departure represents a significant change in the company's senior leadership structure as it transitions to new financial leadership. The resignation was processed in accordance with the terms of appointment and applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Archies Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing a challenging performance with declining revenues and profitability pressures. The Board of Directors approved these results during their meeting held on February 11, 2026.

Financial Performance Overview

The company's financial performance showed significant headwinds during the third quarter of FY26. Revenue from operations declined substantially compared to the previous year, while the company shifted from profitability to losses.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, also reflected the company's operational challenges. Revenue from operations for the nine-month period stood at ₹4,580.55 lakhs, representing an 11% decline from ₹5,132.38 lakhs in the corresponding period of the previous year.

Segment-wise Revenue Breakdown

Archies operates across multiple product segments, each showing varied performance during Q3FY26. The stationery and paper bag segment remained the largest revenue contributor, while the gifts segment also maintained significant contribution levels.

Operational Expenses and Profitability

Total expenses for Q3FY26 amounted to ₹1,447.48 lakhs compared to ₹2,062.81 lakhs in Q3FY25, showing a 30% reduction. Key expense components included employee benefits expense of ₹310.33 lakhs, other expenses of ₹415.07 lakhs, and finance costs of ₹97.57 lakhs. The company reported profit before tax of ₹10.28 lakhs for the quarter, but after accounting for deferred tax of ₹17.74 lakhs, it resulted in a net loss.

Auditor Observations

The statutory auditors, Uberoi Sood & Kapoor, conducted a limited review of the financial results and highlighted certain matters. They noted their inability to comment on inventory valuation and mentioned that the company had not deposited Employees Provident Fund and Tax Deducted at Source for the period from August 2025 to December 2025. However, their opinion was not modified regarding these matters.

Corporate Information

The company maintains its registered office at Plot No. 191-F, Sector-4, IMT Manesar, Gurugram, Haryana. The paid-up equity capital remained unchanged at ₹675.62 lakhs with a face value of ₹2 per share. The results are also available on the company's investor website at www.archiesinvestors.in .