ARCHIDPLYBSEArchidply Industries LtdMediumNeutral
Announced Fri, 8 May · 14:49 IST

Outcome of Board Meeting

Management Changes View source PDF

ARCHIDPLY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹90.50
prior close
₹93.55
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.5-1.7-4.6-1.6-5.4-3.8-7.6-9.4-11.2-14.4-12.8-11.9
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AI summary

Archidply Industries Ltd's Board of Directors has approved the re-appointment of Mr. Pritam Singh as a Non-Executive Independent Director for a second term of five years, from 18th June 2026 to 17th June 2031, subject to shareholder approval. Mr. Pritam Singh has 28 years of experience in consultancy services and has confirmed he meets the independence criteria under the Companies Act, 2013. Additionally, the Board appointed Girdhari Sharma & Co., a chartered accountancy firm with over 40 years of audit experience across diverse sectors, as the company's Internal Auditor for FY 2026-27. Both appointments have been confirmed to be unrelated to any directors, and neither party is debarred from holding office by SEBI.

Likely market impact

These are routine governance appointments and are unlikely to have any immediate impact on the stock price. The re-appointment of an experienced independent director supports continued board oversight.