Approve the appointment of Mrs. Jeny Gowadia (DIN : 03014009) and Mr. Keyur Shah (DIN : 09420459) as Additional Non-Executive Independent Director of the Company.
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Arco Leasing Ltd's board, at its meeting on March 9, 2026, approved several key managerial and director appointments. Mr. Akash Dubey was appointed as Additional Director, Managing Director, and Chief Financial Officer, all for a 5-year term. Mrs. Jeny Gowadia (experienced Company Secretary with 11+ years) and Mr. Keyur Shah (corporate governance professional with 8+ years) were appointed as Additional Non-Executive Independent Directors, also for 5-year terms. Ms. Nidhi Sheth, an ICSI associate member, was appointed as Company Secretary and Compliance Officer. All appointees are external to the existing board, with no relationships to current Directors or KMPs. All appointments remain subject to shareholder approval at the next general meeting.
This is a significant leadership overhaul for the small-cap Arco Leasing, with the company simultaneously filling its MD, CFO, and Company Secretary positions and adding two independent directors. Shareholders should watch for the general meeting outcome and monitor how the newly appointed team executes on the company's strategy going forward.