StockWatch
·
Non Banking Financial Company (NBFC)
Management Change23 Jul 2026, 05:40 pm

Arco Leasing Appoints Two Whole-Time Directors

AI Summary

Arco Leasing Ltd announced the appointment of Mr. Atul Ramshankar Jaiswal and Mr. Jitesh Kothari as Whole-Time Directors, effective July 23, 2026. Both appointments are for a term of five years, subject to shareholder approval. Mr. Jaiswal, a Chartered Accountant with over eight years of experience, will also serve as an Additional Director. Mr. Kothari's appointment as Additional Director was also approved. These changes were approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee.

Key Highlights

  • Arco Leasing appoints Atul Ramshankar Jaiswal and Jitesh Kothari as Whole-Time Directors.
  • Appointments are effective July 23, 2026, for a five-year term.
  • Both directors also appointed as Additional Directors.
  • Appointments are subject to shareholder approval.
  • Mr. Jaiswal brings over eight years of financial and advisory experience.