Enclosed herewith clarification regarding the proposed divestment of investment in the Company''s wholly owned subsidiary.
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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.
Arco Leasing Limited has informed BSE that the proposed divestment of its wholly owned subsidiary, ANSU Trade & Fiscals Private Limited (also a material subsidiary), will not be pursued. Shareholders had originally authorized the Board at the AGM held on September 25, 2025 to explore divestment opportunities. After evaluating available options and considering business and commercial conditions, the company decided not to undertake any transaction. As a result, ANSU Trade & Fiscals Private Limited continues to remain a 100% wholly owned subsidiary, with no change in shareholding.
Neutral to slightly positive for shareholders — the subsidiary stays with the company, preserving existing assets and operations. However, it also means the company could not monetize this asset or pursue strategic alternatives at this time, so no immediate value unlock from the divestment.