Arco Leasing Ltd Statutory Auditors M.C.Jain & Co LLP Resign

Arco Leasing Ltd announced the resignation of its statutory auditor, M.C.Jain & Co LLP, effective August 14, 2026. The auditor also resigned from their role at ANSU TRADE & FISCALS PRIVATE LIMITED, a material subsidiary of Arco Leasing. The resignation letter cited that the continuation of the audit engagement is no longer commercially viable for the firm. The company stated there are no concerns raised by the auditor regarding management and no material reason for the resignation, thus no deliberation was needed by the Audit Committee. Arco Leasing will appoint new statutory auditors and make requisite disclosures.