Archidply Industries Limited has informed the Exchange regarding Change in Director(s) of the company.
ARCHIDPLY · price
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Awaiting price reaction for this filing.
Archidply Industries' board, on May 22, 2025, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified auditor opinion. On a standalone basis, revenue grew about 6.5% to Rs 46,428 lakhs and net profit rose to Rs 787.86 lakhs (EPS Rs 3.97 vs Rs 3.67). On a consolidated basis, revenue jumped to Rs 55,501 lakhs but the company slipped into a net loss of Rs 735.80 lakhs versus a profit last year, mainly due to losses in the MDF segment. The board re-appointed Mr. Rajiv Daga as Managing Director & CEO and Mr. Deen Dayal Daga as Executive Chairman, both for five years starting May 30, 2025, subject to shareholder approval. Rajneesh Sharma & Co. was appointed as Secretarial Auditor for five years (FY26–FY30).
Re-appointments of the existing promoter-family leadership bring continuity but no new strategic direction, while the sharp swing to a consolidated loss in FY25 — driven by the MDF business — is a negative signal that could weigh on the stock despite the improvement in standalone profits.