Northern Arc Capital Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on August 07, 2025
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Northern Arc Capital has called its 1st EGM of FY2025-26 for Thursday, August 7, 2025, at 11:00 AM, to be held via video conferencing. The only business on the agenda is seeking shareholder approval (via special resolution) for the appointment of Mr. Sandeep Dhar (DIN: 00182797) as an Independent Director for a 5-year term, from May 7, 2025 to May 6, 2030. Mr. Dhar was initially brought on as an Additional (Independent) Director on May 7, 2025, and the Board is now seeking formal shareholder confirmation as required under SEBI listing rules. He brings 35+ years of leadership experience across BFSI and IT services, with prior stints at Goldman Sachs, Hexaware, Capgemini, Sapient, and Mphasis. E-voting will be facilitated by NSDL from August 4 to August 6, 2025, with the cut-off date for eligibility set as July 31, 2025.
This is a routine governance exercise with no direct financial impact on shareholders. Approval would formalise an already-effective board addition, bringing seasoned BFSI and digital transformation expertise to the board, which is generally viewed positively by institutional investors.