Revised outcome of the Board Meeting held on 13-03-2026
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Arco Leasing has submitted a revised outcome of its Board Meeting held on March 13, 2026. The revision only corrects the names of 19 proposed allottees to align with their KYC records — for example, adding full middle names like 'Atul Ramshankar Jaiswal', 'Yogesh Jagdishchandra Shah', and correcting 'Lokesh Jain & HUF' to 'Lokesh Devendra Kothari HUF'. The company has confirmed that there is no change in the number of equity shares to be allotted, no change in the identity or category of the allottees, and all other disclosures remain unchanged. The revision was signed by Whole-Time Director Rajendra Mahavirprasad Ruia on March 18, 2026. This follows the company's earlier intimation dated March 13, 2026 regarding the original board meeting outcome.
This is a purely administrative correction with no material change to the underlying allotment. Shareholders and the stock price are unlikely to be affected, as the number of shares, identity of allottees, and all other terms remain the same — only spelling and name formatting have been updated to match official KYC documents.