Clarification2 Jun 2026, 03:20 pm
Arco Leasing Clarifies No Divestment of Subsidiary
AI Summary
Arco Leasing Ltd has issued a clarification regarding the proposed divestment of its investment in its wholly owned subsidiary, ANSU Trade & Fiscals Private Limited. Following shareholder approval obtained at the AGM on September 25, 2025, the Board was authorized to explore divestment options. However, after due evaluation of market conditions and commercial circumstances, the company has decided not to pursue the divestment. Consequently, ANSU Trade & Fiscals Private Limited remains a wholly owned subsidiary, with no change in shareholding.
Key Highlights
- Arco Leasing clarifies no divestment of subsidiary ANSU Trade & Fiscals.
- Shareholder approval was obtained to explore divestment options.
- Decision not to proceed based on market and commercial evaluation.
- Subsidiary remains wholly owned with no change in shareholding.
Price Impact
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