
AGM/EGM30 Sept 2026, 08:50 pm
Arco Leasing Appoints Jitesh Kothari as Whole-Time Director & Chairman
AI Summary
Arco Leasing Ltd announced that its shareholders have approved the appointment of Mr. Jitesh Kothari as Whole-Time Director and Chairman for a five-year term effective July 23, 2026. Additionally, Mr. Anshul Sharma has been appointed as Executive Director and Chief Financial Officer for a similar five-year term, effective August 13, 2026. These appointments were confirmed at the Annual General Meeting held on September 30, 2026. Mr. Kothari, a Chartered Accountant with over nine years of experience in audit, taxation, and financial advisory, is not related to any existing directors or KMPs and is not debarred by SEBI. Mr. Sharma's appointment also includes him as a Key Managerial Personnel.
Key Highlights
- Shareholders approved appointment of Jitesh Kothari as Whole-Time Director & Chairman.
- Anshul Sharma appointed as Executive Director & CFO for five years.
- Both appointments are effective from July/August 2026 for a five-year tenure.
- AGM held on September 30, 2026, confirmed the director appointments.
- No relationship declared between new directors and existing management.
Price Impact
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