Outcome of Annual General Meeting of Arco Leasing Limited held on Thursday, September 25, 2025.
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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 held its 41st AGM on September 25, 2025, from 11:00 a.m. to 4:06 p.m. in Mumbai. All 10 resolutions were approved with requisite majority, including adoption of audited financial statements for FY ending March 31, 2025, reappointment of Mr. Narendra Mahavir Ruia as Director, reappointment of M/s. M.C. Jain & Co. as Statutory Auditors, and appointment of two new Independent Directors. Shareholders also approved increasing the company's borrowing limits under Section 180(1)(c) of the Companies Act, 2013, and authorised the disposal of 100% shareholding in Ansu Trade & Fiscais Private Limited, a wholly owned subsidiary.
Key resolutions like the disposal of the wholly owned subsidiary and an increase in borrowing limits could signal restructuring or expansion plans. The voting results are still awaited and will be filed within statutory timelines, which may clarify the scale of the subsidiary divestment and any changes to the company's debt profile.