Kindly take note of the same on your records.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ARC Finance Ltd held a board meeting on 11th March 2025 where it approved the resignation of Mr. Surojit Sarkar (DIN: 09672539) as Executive Director, effective close of business hours on 11th March 2025, citing personal reasons and pre-occupation elsewhere. The board also approved the appointment of Mrs. Shikha Singhal (DIN: 09720474) as Additional Executive Director with effect from 11th March 2025, subject to shareholder approval at the next AGM. Mrs. Singhal is described as a businesswoman based in Kolkata with knowledge of accounting and finance. No inter-director relationships were disclosed. The meeting concluded at 2:15 PM.
For shareholders, this is a routine board-level reshuffle at a small-cap company — one executive director exited for personal reasons and was immediately replaced. The change is unlikely to materially affect operations or stock price, but investors should watch for any further board instability or details on the new director's track record ahead of the AGM.