Northern Arc Capital Appoints Joint Statutory Auditors, Approves ESOP Allotment

Northern Arc Capital Ltd's Board of Directors, in a meeting held on July 10, 2026, approved the appointment of M/s. R. Subramaniyan and Company LLP as Joint Statutory Auditors for a three-year term, subject to member approval. This appointment aligns with RBI guidelines for NBFCs with assets over ₹15,000 crore. The Board also approved the allotment of 39,000 equity shares under the ESOP Plan, increasing the company's paid-up equity share capital. The meeting commenced at 5:45 PM and concluded at 7:15 PM.