Archies Limited has informed the Exchange regarding Notice of Postal Ballot
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Archies Limited has issued a Postal Ballot Notice seeking shareholder approval for the appointment of Mr. Charan Jeet Singh Kochhar (DIN: 11620885) as Non-Executive Independent Director. He was first appointed as an Additional Director by the Board on 23rd March 2026, and the postal ballot is being conducted to formally appoint him as Independent Director for a 5-year term from 23rd March 2026 to 22nd March 2031. Mr. Kochhar, aged 68, is a former State Bank of India senior executive with over 40 years of experience, holding qualifications in M.Com, LLB, CAIIB, and an MBA in Finance & Marketing, with expertise in global business, finance, M&A, and corporate governance. The resolution will be passed as a Special Resolution via e-voting, which runs from 27th March 2026 to 25th April 2026, with results to be declared on or before 27th April 2026.
This is a routine governance action to onboard a new Independent Director with strong banking and finance credentials, which may strengthen board oversight. No immediate material impact on stock price or shareholder value is expected from the appointment itself.