Appoinment of Ms. Nidhi Sheth as Company Secretary and Compliance Officer.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arco Leasing Ltd's board, at its meeting on March 9, 2026, approved several key appointments effective the same day, subject to shareholder approval. Mr. Akash Dubey has been appointed as Additional Director, Managing Director, and Chief Financial Officer, with a 5-year term. Two new Non-executive Independent Directors — Mrs. Jeny Gowadia (CS with 11+ years of experience) and Mr. Keyur Shah (corporate governance professional with 8+ years) — were also appointed for 5-year terms. Ms. Nidhi Sheth, an ICSI associate member, was appointed as Company Secretary and Compliance Officer. All appointees confirmed they are not debarred by SEBI and are not related to existing directors or KMPs.
The company is undergoing a significant leadership overhaul with the induction of a new Managing Director, CFO, two independent directors, and a new Company Secretary. This could signal a strategic shift or strengthening of governance, though all appointments await shareholder approval and investors should monitor the upcoming general meeting for ratification.