StockWatch
·
Non Banking Financial Company (NBFC)
Management Change3 Nov 2026, 05:33 pm

Northern Arc Capital: Ashish Mehrotra Re-appointed MD & CEO

AI Summary

Northern Arc Capital Ltd announced the re-appointment of Mr. Ashish Mehrotra as Managing Director & Chief Executive Officer (MD & CEO) for a period of five years, effective April 1, 2027. This decision was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee and is subject to shareholder approval. The Board also approved the Unaudited Standalone and Consolidated Financial Results for the second quarter and half-year ended September 30, 2026. Mr. Mehrotra, who has been with the company since July 2021 and in his current role since April 2022, brings over 25 years of experience in banking, wealth management, and insurance.

Key Highlights

  • Ashish Mehrotra re-appointed as MD & CEO for five years.
  • Re-appointment effective from April 1, 2027, pending shareholder approval.
  • Board also approved Q2 and H1 FY27 unaudited financial results.
  • Mehrotra has over 25 years of experience in financial services.
  • Trading window closure and opening dates announced.