Arco Leasing Ltd

Arco Leasing Ltd has announced a significant change in the management of its material subsidiary, Ansu Trade & Fiscals Private Limited. The Reserve Bank of India (RBI) has granted approval for the appointment of Mr. Atul Jaiswal and Mr. Jitesh Kothari as Directors on the subsidiary's board. Their tenure is set to extend up to June 01, 2031, subject to adherence to stipulated conditions and applicable laws. This development signifies regulatory oversight and potential strategic shifts within the subsidiary's leadership.

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.

Arco Leasing Ltd's board approved the audited standalone and consolidated financial results for the year ended March 31, 2026, in a meeting held on May 30, 2026. The auditor, M. C. JAIN & Co, issued an unmodified opinion on the financial statements. The meeting commenced at 5:00 P.M. (IST) and concluded at 7:00 P.M. (IST).

Arco Leasing Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a net loss of ₹49.34 lakhs for the year ended March 31, 2026. The board meeting, held on May 30, 2026, commenced at 5:00 P.M. (IST) and concluded at 7:00 P.M. (IST).

Arco Leasing Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window for dealing in the company's securities remains closed from April 1, 2026, until 48 hours after the declaration of the financial results.

JJ IPO Advisors Pvt Ltd has submitted a Draft Letter of Offer for the attention of public shareholders of Arco Leasing Ltd. The open offer is for the acquisition of up to 27,74,970 offer shares, representing 25.57% of the expanded voting share capital of Arco Leasing Ltd. The offer price is ₹10.00/- per offer share, payable in cash. The offer is not conditional upon a minimum level of acceptance and is not a conditional offer. The offer is not a competing offer. The offer is conditional upon receipt of approval from the Reserve Bank of India. The Target Company has filed an application for In-Principle approval of BSE Limited in respect of proposed preferential issue.

Arco Leasing Ltd has announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Mr. Narendra Mahavirprasad Ruia, due to his other professional commitments. He will be relieved from the services of the Company with effect from the close of business hours on March 27th, 2026. Mr. Ruia confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. The Company has started the process of informing the Registrar of Companies (RoC), the stock exchanges, and all other relevant regulatory and financial institutions about the change in authorized signatory status.

Arco Leasing Limited has issued a corrigendum to the Extra-Ordinary General Meeting (EGM) Notice dated March 13, 2026. The corrigendum brings to the notice of the shareholders changes in the explanatory statements of item 6, specifically points 2 titled 'Objects of the Issue' and 21 titled 'Current and proposed Status of the Proposed Allottee post preferential issue'. The changes are in effect for the EGM to be held on April 13, 2026. The corrigendum also mentions the utilization of funds, with ₹ 1016.35 Lakh proposed to be invested in its Wholly Owned Subsidiary, Ansu Trade & Fiscals Private Limited, to meet RBI Net Owned Fund Requirements and Business Operations. The balance amount will be utilized for administrative purposes.

Arco Leasing Ltd has announced that the trading window for dealing in the securities of the company by its designated persons will remain closed from Wednesday, April 1, 2026. This closure is in connection with the finalization and approval of the audited (standalone & consolidated) financial results for the 4th quarter and year ended March 31, 2026. The trading window will be opened 48 hours after the results are declared and disseminated to the stock exchanges. All designated persons, their immediate relatives, and other insiders of the company are advised not to deal in the equity shares of the company during the aforesaid period. The date of the board meeting for consideration and approval of the audited (standalone & consolidated) financial results will be communicated in due course.

Arco Leasing Ltd has announced an open offer for acquisition of up to 27,74,970 offer shares, representing 25.57% of the expanded voting share capital of the company, from its public shareholders at an offer price of ₹ 10.00/- per offer share, payable in cash. The acquirers are Mr. Jitesh Kothari and Mr. Atul Ramshankar Jaiswal. The offer is in compliance with the SEBI (SAST) Regulations, 2011. The detailed public statement has been published in Financial Express, Jansatta, and Pratahkal.