Archidply Industries Limited — Others, 30-05-2025: Action(s) taken or orders passed

Archidply Industries Limited was fined Rs. 2.23 lakh (including GST) each by BSE and NSE for non-compliance related to the composition of its Board and key committees during a recent quarter. The issue arose after an independent director’s tenure ended, though a replacement has now been appointed and committee changes were approved earlier. The company intends to seek a waiver of the fines. This penalty does not affect the company’s operations or financial position.