Archies Limited has informed the Exchange regarding Re- Appointment of Varun Moolchandani as Executive Director of the company w.e.f. May 05, 2026.
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Archies Limited has announced the re-appointment of Mr. Varun Moolchandani as Executive Director for another term of 2 years starting May 5, 2026. Moolchandani has been on the Board since June 25, 2019, and brings 26 years of business experience across fragrance, cosmetics, and international brand operations. He is part of the promoter family (son of Anil Moolchandani and nephew of Jagdish Moolchandani) and holds approximately 18.45 lakh shares in the company. The re-appointment is being conducted via postal ballot with Mr. Shailesh Dayal appointed as scrutinizer. His last drawn remuneration was Rs 1.56 lakh.
This re-appointment maintains continuity in board leadership with a promoter family member holding an executive role. No immediate impact on stock price is expected as this is a routine governance matter.