StockWatch
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Non Banking Financial Company (NBFC)
Management Change30 Oct 2026, 06:31 pm

Arco Leasing Appoints Ayush Kalathiya as Independent Director

AI Summary

Arco Leasing Ltd announced the appointment of Mr. Ayush Dinesh Kalathiya as an Additional Director in the capacity of Non-Executive Independent Director. This appointment, effective from October 30, 2026, is subject to shareholder approval at the upcoming Extra Ordinary General Meeting. Mr. Kalathiya, a 25-year-old Chartered Accountant with a Bachelor's degree in Commerce, brings experience in Finance and Taxation. He is not related to any existing directors or Key Managerial Personnel and has not been debarred from holding a director's office by any regulatory authority. The Board meeting where this was approved concluded within a short timeframe.

Key Highlights

  • Ayush Dinesh Kalathiya appointed as Non-Executive Independent Director.
  • Appointment effective October 30, 2026, pending shareholder approval.
  • Director is a Chartered Accountant with finance and taxation experience.
  • No relationship with existing directors or KMP.
  • Director is not debarred by any regulatory authority.