Archies Ltd

Archies Limited: Trading window closed from Oct 01, 2026 until 48 hours after the Board meeting to consider unaudited financial results for the quarter and half year ended Sep 30, 2026

Archies Limited: Trading window closed from October 01, 2026 till 48 (Forty Eight) hours after the conclusion of the Board Meeting to consider and approve the Un-audited Financial Results for the Quarter and Half Year ended September 30, 2026

AGM Details

• Date and time: 24 September 2026, 11:30 IST.
• Mode: video conferencing/other audiovisual means.
• Voting cut-off: 17 September 2026; remote voting window 21–23 September 2026.

Resolutions & Voting

• Resolution 1 (Ordinary): Adopt standalone financial statements; passed with 99.97% assent.
• Resolution 2 (Ordinary): Re-appoint Varun Moolchandani as director by rotation; passed.
• Resolution 3 (Special): Re-appoint Anil Moolchandani as Chairman and MD for two years from 28 August 2026; passed.
• Resolution 4 (Special): Appoint Anil Kumar Verma as Independent Director for five years; related-party votes excluded; passed.

Dividend

• No dividend proposed or declared.

Director & Governance Changes

• Re-appointment of Varun Moolchandani as director by rotation.
• Re-appointment of Anil Moolchandani as Chairman and MD for two years.
• Appointment of Anil Kumar Verma as Independent Director for five years.

AGM Details

• 36th AGM conducted on 24 September 2026 at 11:30 AM via VC/OAVM.
• Quorum met with 208 members attending.
• Remote e-voting ran from 21 Sep 2026 9:00 AM to 24 Sep 2026 5:00 PM.
• Combined e-voting and at-meeting results to be declared within two working days.
• No adverse remarks in statutory audit or secretarial reports.
• Chairman’s speech delivered by Executive Director; meeting concluded at 11:51 AM.

Key Resolutions

• Ordinary: Adoption of standalone financial statements, Board reports and auditors' reports.
• Ordinary: Re-appointment of Varun Moolchandani on rotation.
• Special: Re-appoint Anil Moolchandani as Chairman and MD for two years from 28 Aug 2026.
• Special: Appointment of Anil Kumar Verma as Independent Director for five years from 14 Aug 2026.

Voting Outcomes

• Ordinary: Adoption of financials—outcome not disclosed in filing.
• Ordinary: Re-appointment of Varun Moolchandani—outcome not disclosed.
• Special: Re-appointment of Anil Moolchandani—outcome not disclosed.
• Special: Appointment of Anil Kumar Verma—outcome not disclosed.

Director Changes

• Varun Moolchandani re-appointed on rotation.
• Anil Moolchandani re-appointed as Chairman and MD for two years.
• Anil Kumar Verma appointed as Independent Director for five years.

Financial performance

• FY2025-26 revenue from operations: 5,609.70 Lakhs; down 19.52% YoY.
• Net loss after tax: 429.70 Lakhs; prior year loss 146.29.
• PBDIT: 427.77 Lakhs; down from 947.29.
• EPS (basic and diluted): negative 1.27.
• Dividend: no dividend declared for 2025-26.
• ICRA rating revised to BB (Negative) for long-term debt.

Segment and product mix

• Gift segment turnover: 1,889.98 Lakhs; down 32.06%.
• Greeting Cards turnover: 619.60 Lakhs; down 13.26%.
• Stationery turnover: 2,925.66 Lakhs; down 10.57%.
• Export markets: USA, UK, Canada, Netherlands, Oman, Nepal.
• Total segment revenue: 5,523.88 Lakhs; Others 88.63 Lakhs.
• Retail network: 54 stores; opened 2, closed 22.

Capital structure & liquidity

• Total borrowings: 3,215.41 Lakhs; cash: 20.13 Lakhs; net debt: 3,195.28 Lakhs.
• Gearing ratio: 20.34%.
• Debt-Equity ratio: 0.26x; current ratio: 1.67x.
• ICRA credit rating: BB (Negative).

Governance & board changes

• 36th AGM on 24 Sep 2026 via VC/OAVM; e-voting Sep 21-23.
• Anil Moolchandani reappointed CMD for 2 years from 28 Aug 2026.
• Anil Kumar Verma appointed Independent Director for 5 years from 14 Aug 2026.
• Jagdish Moolchandani resigned as CFO on 28 Mar 2026; Varun Moolchandani appointed CFO on 30 May 2026.

Operations & expansion

• Retail expansion: opened 2 new stores; closed 22; total 54 stores.
• E-commerce revamp of archiesonline.com; Archies Online and Archies Global expansion.
• Exports orders improving; ongoing overseas market exploration.
• Tie-ups with major platforms to widen online reach.

Risks & CSR / Compliance

• Macro risks: economy downturn, currency volatility, and consumer sentiment.
• Greeting cards segment under pressure; shift focus to online channels and new markets.
• CSR policy in place; nil CSR spend due to losses; CSR committee active.

AGM Details

• Date and time: 24 September 2026 at 11:30 AM.
• Mode: VC/OAVM (virtual meeting).
• Record/Book closure: 18–24 September 2026 (inclusive).
• Cut-off for voting: 17 September 2026.
• EVoting window: 21–23 September 2026.

Key Resolutions

• Ordinary: adopt Standalone Audited Financial Statements for FY2025-26.
• Ordinary: re-appoint Varun Moolchandani by rotation for re-appointment.
• Special: re-appoint Anil Moolchandani as CMD for 2 years from 28.08.2026.
• Special: appoint Anil Kumar Verma as Non-Executive Independent Director for 5 years from 14.08.2026.

Voting Results

• Voting results for resolutions are not disclosed in this filing.

Dividend

• Dividend: No dividend proposed for FY2025-26.

Director Changes

• Re-appointment of Anil Moolchandani as Chairman and Managing Director.
• Anil Kumar Verma appointed as Independent Director for 5 years.

Auditors

• Statutory Auditor: Uberoi Sood & Kapoor; 5-year term (2022–2027).
• Statutory audit fees FY2025-26: 15.50 Lakh (12.00 + 3.50).
• Secretarial Auditor: Dayal & Maur; for FY2025-26.
• Secretarial audit notes flagged e-forms filing delays and EPF/TDS lapses.

Material Related Party Transactions

• All RPTs at arm’s length; none material; disclosures in notes.

Other Material Approvals

• Policies: Nomination & Remuneration, CSR, and related governance disclosures.
• CSR policy and governance disclosures are available on the company website.

Book closure for AGM

• Book closure for Archies Limited from 18 Sep 2026 to 24 Sep 2026.
• AGM to be held on 24 Sep 2026 at 11:30 A.M. via VC/OAVM.
• Remote e-voting cut-off date set at 17 Sep 2026.