StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting13 Aug 2026, 07:26 pm

Arco Leasing Board Approves Financial Results, Management Changes

AI Summary

Arco Leasing Ltd's Board of Directors met on August 13, 2026, approving the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved significant management changes, including the appointment of Mr. Atul Ramshankar Jaiswal as Managing Director, Mr. Anshul Sharma as Executive Director and CFO, and Mr. Utsav Jasapara as Additional Director (Non-Executive, Independent). The resignation of Mr. Akash Dubey as Managing Director and CFO was accepted. Additionally, the company approved the allotment of 1,06,13,500 equity shares.

Key Highlights

  • Board approved un-audited standalone and consolidated financial results for Q1 FY27.
  • Mr. Atul Ramshankar Jaiswal appointed as Managing Director for 5 years.
  • Mr. Anshul Sharma appointed as Executive Director and CFO.
  • Mr. Utsav Jasapara appointed as Additional Director (Non-Executive, Independent).
  • Resignation of Mr. Akash Dubey as MD and CFO accepted.