StockWatch
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Leisure Products
Management Change2 Nov 2026, 01:43 pm

Archies Ltd Appoints Anant Gupta as Independent Director

AI Summary

Archies Ltd announced the appointment of Mr. Anant Gupta as an Additional (Non-Executive and Independent) Director to the Board, effective November 2, 2026, for a term of five years, subject to shareholder approval. Mr. Gupta, aged 39, is a Chartered Accountant with over 13 years of experience in Finance and Audits. His appointment necessitates the reconstitution of the Audit Committee and the Nomination & Remuneration Committee. A postal ballot process has been initiated for shareholder approval, with Mr. Shailesh Dayal appointed as the scrutinizer.

Key Highlights

  • Anant Gupta appointed as Independent Director from Nov 2, 2026.
  • Appointment is for a term of five years.
  • Director has 13+ years of experience in Finance and Audits.
  • Board committees reconstituted due to the appointment.
  • Shareholder approval sought via postal ballot.