Outcome of Board meeting held 09.03.2026
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Arco Leasing Limited's board, at its meeting on March 9, 2026, approved several key appointments. Mrs. Jeny Gowadia and Mr. Keyur Shah were appointed as Additional Non-executive Independent Directors for a 5-year term each. Mr. Akash Dubey was appointed as Additional Director, Managing Director, and Chief Financial Officer, also for a 5-year term. Ms. Nidhi Sheth was appointed as Company Secretary and Compliance Officer. All appointments are subject to shareholder approval at the next general meeting. The company confirmed none of the appointees are debarred by SEBI or any other authority.
This represents a significant restructuring of the company's leadership with new MD/CFO and independent directors. Shareholders should watch for the general meeting outcome and evaluate the new management's strategic direction, as leadership changes in small-cap companies like Arco Leasing can materially affect future performance.