Archies Limited has announced that ICRA has affirmed the credit rating for its bank credit facilities worth Rs. 24.10 crores. The company made this disclosure to stock exchanges in compliance with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Credit Rating Details

The Rating Committee of ICRA, after due consideration, has affirmed the long-term rating for the Line of Credit (LOC) at [ICRA]BB (Negative), pronounced as ICRA double B Negative. This rating affirmation covers the company's bank lines totaling Rs. 24.10 crores.

Regulatory Compliance

The intimation was sent to both the National Stock Exchange of India Limited and BSE Limited on January 27, 2026. The disclosure was signed by Jagdish Moolchandani, Executive Director and Chief Financial Officer of Archies Limited, ensuring proper authorization and compliance with regulatory requirements.

Company Information

Archies Limited operates from its corporate office at C-148, Naraina Industrial Area, Phase-1, New Delhi, with its registered office located at Plot No. 191-F, Sector-4, I.M.T. Manesar, Gurugram, Haryana. The company trades on NSE under the scrip ID 'ARCHIES' and on BSE under scrip code '532212'.

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.