Archies Limited and Fino Payments Bank Issue Notices Regarding Director Appointment Resolutions
Companies spanning various sectors are addressing key shareholder matters through postal ballots, with both Archies Limited and Fino Payments Bank issuing detailed notices regarding executive and director reappointments. These notices outline the resolutions proposed for approval by their members via remote electronic voting methods.Archies Limited: Special Resolution for Director Re-appointment
Archies Limited has announced a proposal requiring shareholder assent for a special resolution concerning the re-appointment of Mr. Varun Moolchandani as an Executive Director. The appointment is set for a period of five years, effective from June 24, 2026.The company provided detailed instructions and supporting materials on the matters to be voted upon. Members wishing to participate in the remote e-voting process are advised that voting commences on Monday, June 29, 2026, at 09:00 a.m. IST and concludes on Tuesday, July 28, 2026, at 5:00 p.m. IST.
The Board of Directors appointed M/s Dayal & Maur Company Secretaries (COP No: 7142) to scrutinize the postal ballot process to ensure fairness and transparency. If passed by the requisite majority, the resolutions will be deemed enacted on July 28, 2026. The results are scheduled to be declared at the registered office on or before Thursday, July 30, 2026.
Fino Payments Bank: Ordinary Resolution for Executive Officer Appointment
Fino Payments Bank has also issued a notice regarding an ordinary resolution requiring approval through postal ballot. This resolution pertains to the appointment of Mr. Varun Moolchandani (DIN: 01433190) as Executive Officer (MD & C), effective from May 02, 2026 until May 2 [Date].The bank has facilitated an electronic voting process for its members through NSDL and CDSL. The e-voting facility is available during a specified period, concluding on Saturday, June 27, 2026. Mr. Tribhuvaneshwar Savyasachi Joshi of M/s Kaushik Joshi & Co. has been appointed as the Scrutinizer for the postal ballot process.
Key Details of Proposals and Voting Periods
| Company | Resolution Type | Executive Officer/Director | Term / Period | E-Voting Start Date | E-Voting End Date |
|---|---|---|---|---|---|
| Archies Limited | Special Resolution | Mr. Varun Moolchandani | 5 years (from June 24, 2026) | June 29, 2026 | July 28, 2026 |
| Fino Payments Bank | Ordinary Resolution | Mr. Varun Moolchandani | MD & C (From May 02, 2026) | N/A | June 27, 2026 |
Members of both institutions are advised to review the detailed notices and instructions available on their respective company websites or designated electronic voting platforms.
ARCHIES Stock Price Movement
On Thursday, shares of Archies Limited shed 0.62%, settling at ₹14.29 after falling by ₹0.09 from the previous close. The equity traded within a range of ₹14.22 to ₹14.80, with a total traded volume recorded at 21,430 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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