The Board has approved the appointment of Secretarial Auditor for a term of Five years form f.y. 2025-26 till 2029-30 at its meeting held on May 12, 2025, subject to the approval of Shareholders ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arco Leasing's board, at its May 12, 2025 meeting, approved the audited standalone and consolidated financial results for FY ended March 31, 2025 with an unmodified auditor's opinion from M.C. Jain & Co. Standalone net loss narrowed slightly to Rs. 11.24 lakhs (FY24 loss: Rs. 12.33 lakhs), while consolidated results swung to a small profit of Rs. 1.41 lakhs from a prior loss of Rs. 39.03 lakhs. Total consolidated income rose to Rs. 18.82 lakhs from Rs. 16.13 lakhs. Separately, Independent Director Ms. Aarushi Jain (DIN 10936056) resigned citing personal/professional reasons, ceasing to be on the Audit and Nomination & Remuneration Committees. The board also appointed Mrs. Priyanka Oka (Priyanka Oka & Associates) as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval.
For shareholders, this is a routine set of disclosures. The company remains small with nominal revenues and a marginal standalone loss; the consolidated turnaround to a small profit is a modest positive but unlikely to materially move the stock. The independent director exit is for personal reasons and not flagged as a governance concern.