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Archies LimitedImportant, 03-01-2025: Updates

03-01-2025 | 03:34 pm

The Board of Archies Limited has acknowledged a fine imposed due to non-compliance with the SEBI Listing Regulations, specifically for the delayed submission of Related Party Transactions for the half-year ending September 2024. The delay was caused by a vacancy from the resignation of the Company Secretary and Compliance Officer. The Board appointed Ms. Chiranjivi Ramuka to fill this position on 25 December 2024. The Board remains committed to compliance and has advised management to ensure timely submissions in the future. The total fine amounts to ₹1.41 lakh, including GST, and will continue to increase until compliance is achieved. This situation presents a potential risk, and investors should monitor the company's compliance measures closely.

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