Archies Limited has informed the Exchange regarding Resignation of Rajinder Kumar Verma as Non- Executive Independent Director of the company w.e.f. March 11, 2026.
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Archies Limited has informed the stock exchange about the resignation of Rajinder Kumar Verma (DIN: 10209315) as a Non-Executive Independent Director, effective from the close of business hours on March 11, 2026. Mr. Verma has cited personal commitments as the reason for his decision. Along with the directorship, he is also stepping down as Chairman of the Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility Committee. He has confirmed there are no other material reasons behind his exit and has thanked the board and shareholders for the opportunity to serve.
A single independent director exit due to personal reasons is generally a routine board change with limited direct impact on stock price, though the loss of the Audit Committee Chairman may be notable for governance watchers. Investors should look for a timely replacement to maintain board composition and committee continuity.