Management Change31 Aug 2026, 05:00 pm
Arco Leasing Directors Resign Post Stake Sale
AI Summary
Arco Leasing Ltd has announced the resignation of three Independent Directors: Mr. Srikar Gopalrao, Mrs. Usha Manish Ghelani, and Mrs. Khadija Taher Raniwala. Their resignations are effective August 31, 2026, and are attributed to a sale of stake in the company, leading to a change in management and control. The company has confirmed there are no other material reasons for their departure. The directors held no shareholding in the company and served on key board committees.
Key Highlights
- Three Independent Directors resign effective August 31, 2026.
- Resignations follow a stake sale and change in management control.
- Directors confirmed no other material reasons for resignation.
- None of the resigning directors held shares in the company.
Price Impact
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