Intimation of Resignation of Mr. Rajinder Kumar Verma as Independent Director of the Company.
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Mr. Rajinder Kumar Verma has tendered his resignation as Non-Executive Independent Director of Archies Ltd with effect from 11th March 2026, citing personal reasons. He has also stepped down from his positions as Chairman of the Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility Committee. The director has confirmed there are no material reasons behind his resignation beyond personal commitments. He held no other directorships in listed entities and was not on any board committees at the time of resignation.
This resignation reduces the board's independent oversight as Mr. Verma was chairing three important committees. The company will need to appoint a new independent director to maintain board independence compliance under SEBI regulations.