Archies Ltd Announces Resignation of Independent Director

Archies Ltd Announces Resignation of Independent Director

Archies Ltd Announces Resignation of Independent Director​

Archies Ltd announced that Mr. Rajinder Kumar Verma has tendered his resignation from the position of Non-Executive Independent Director. The resignation is effective from the close of business hours on March 11, 2026.

The announcement confirms that Mr. Verma stated his resignation was due to personal reasons, as detailed in his resignation letter dated March 11, 2026. Mr. Verma also confirmed that there are no other material reasons for his departure aside from those stated in his resignation.

Details of Resignation​

The key particulars surrounding the resignation of Mr. Rajinder Kumar Verma as an Independent Director are summarized below:

ParticularsDetails
Name of PersonMr. Rajinder Kumar Verma
Reason for ChangeResignation due to personal reasons
Date of CessationMarch 11, 2026
Directorship StatusDirectorship: Nil, Committee Position: Nil

Mr. Verma's resignation letter addressed to the Board of Directors thanked the Company and its shareholders for the opportunity to serve as an Independent Director. Through his resignation, he also indicated that he would be stepping down as Chairman of the Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility Committee of the company.

Archies Ltd remains operational, with its registered office located at PLOT NO. 191- F, SECTOR - 4, I.M.T. MANESAR, GURUGRAM - 122050, HARYANA (INDIA).

ARCHIES Stock Price Movement​

Today, Archies Limited shares edged higher to close at ₹13.52, posting a gain of 0.07% for the session. The stock traded on a volume of 5,214 shares today.

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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