Announced Thu, 25 Jun · 11:22 IST
Postal ballot for re-appointment of Varun Moolchandani as Executive Director
Management Changes View source PDF
ARCHIES · price
▲ 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
-2.3%1-day move
₹14.50
prior close
₹14.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-2.3-2.7-3.2-5.3-1.4-4.1-2.8-3.4——
Up moveDown movePending
AI summary
Archies Limited has issued a postal ballot notice seeking shareholder approval for re-appointment of Mr. Varun Moolchandani as Executive Director for 5 years from 24 June 2026 to 23 June 2031. Basic salary proposed at Rs. 2,07,700 per month with a ceiling of Rs. 2,45,000 plus perquisites up to 60 percent of basic. A special resolution is required. E-voting runs from 29 June to 28 July 2026 and results will be declared by 30 July 2026.
Likely market impact
Routine governance item; shareholders can vote via e-voting between 29 June and 28 July 2026. No material impact expected.