Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Archies Limited

Voting Process and Methods

  • The postal ballot was conducted exclusively through remote e-voting facility in accordance with Section 110 of the Companies Act, 2013 and various MCA Circulars.
  • Mr. Shailesh Dayal, Partner of Dayal and Maur, Company Secretaries (COP-7142), was appointed as the Scrutinizer.
  • Remote e-voting commenced on Friday, 08th May 2026 at 09:00 a.m IST and concluded on Saturday, 06th June 2026 at 05:00 p.m IST.
  • The cut-off date for determining shareholder eligibility was 05th May 2026.
  • The notice was published in Financial Express (English) and Jansatta (Hindi) newspapers on 07th May 2026.
  • Documents were sent electronically to members with registered email addresses.

Summary of Proposed Resolution and Implications

The single resolution proposed was a Special Resolution for the re-appointment of Mr. Varun Moolchandani as an Executive Director of the Company for a period of 2 years with effect from 05.05.2026.

Key Voting Outcomes

Overall Participation:

  • Total members who cast votes: 63
  • Total shares voted: 15,122,869
  • Percentage of total paid-up share capital represented: 44.77%

Voting Results for Resolution No. 1:

  • Number of members voting: 58
  • Number of valid votes: 16,429
  • Votes in favor (Assent): 11,729 votes (71.39% of valid votes)
  • Votes against (Dissent): 4,700 votes (28.61% of valid votes)
  • Abstentions: 0 votes (0.00%)

Important Note: 15,111,140 votes cast by 5 related parties of the proposed appointee were not considered in the final tally.

Final Outcome: The Special Resolution was NOT PASSED with the requisite majority.

Scrutinizer's Role and Findings

Mr. Shailesh Dayal was responsible for scrutinizing the entire e-voting process and preparing a consolidated report. His findings confirmed:

  • The results were downloaded from the Insta Vote e-voting platform after unblocking
  • The resolution failed to achieve the required majority for passage
  • The management of the company was responsible for compliance with applicable laws and regulations

Compliance Confirmation

The process was conducted in accordance with:

  • Section 110 of the Companies Act, 2013 and rules made thereunder
  • Multiple MCA Circulars (14/2020, 17/2020, 20/2020, 22/2020, 33/2020, 39/2020, 10/2021, 20/2021, 3/2022, 11/2022, 09/2023, 09/2024, 03/2025)
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard on General Meetings (SS-2)

Additional Information

The complete voting results and scrutinizer's report are available on the company's website. The company's registered office is at Plot No. 191-F, Sector-4, I.M.T. Manesar, Gurugram-122050, Haryana, India. CIN: L86999HR1990PLC041175.