Arco Leasing Ltd

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.

Arco Leasing Ltd announced significant management changes following a Board of Directors meeting on August 13, 2026. Mr. Atul Ramshankar Jaiswal has been appointed as the new Managing Director for a five-year term, succeeding Mr. Akash Dubey who resigned from the MD and CFO positions. Mr. Anshul Sharma has been appointed as an Executive Director and the new Chief Financial Officer (CFO). Additionally, Mr. Utsav Jasapara joins as an Independent Director. The company also approved its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, and noted the resignation of its secretarial auditor. The company also completed an equity share allotment, increasing its share capital.

Arco Leasing Ltd announced significant management changes following a Board of Directors meeting on August 13, 2026. Mr. Akash Dubey resigned from his positions as Managing Director and Chief Financial Officer (CFO), effective August 13, 2026. Concurrently, the board approved the change in designation of Mr. Atul Ramshankar Jaiswal from Whole-Time Director to Managing Director for a five-year term, subject to shareholder approval. Mr. Anshul Sharma has been appointed as Executive Director and Chief Financial Officer (CFO) for a five-year term, also pending shareholder approval. Additionally, Mr. Utsav Jasapara was appointed as an Additional Director (Non-Executive, Independent Director) for a five-year term. The company also noted the resignation of its secretarial auditor, M/s. Priyanka Oka & Associates, effective August 14, 2026. The board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

Arco Leasing Ltd announced key management changes and approved its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. Mr. Atul Ramshankar Jaiswal's designation changed from Whole-Time Director to Managing Director. Mr. Anshul Sharma was appointed as Executive Director and CFO. Mr. Utsav Jasapara joined as an Additional Director. Mr. Akash Dubey resigned as Managing Director and CFO. The company also reported an allotment of 1,06,13,500 equity shares, increasing its equity share capital.

Arco Leasing Ltd announced the allotment of 10,613,500 equity shares of face value ₹10 each at a price of ₹10 per share. This allotment increases the company's equity share capital to 1,08,53,570 shares. The board meeting also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Significant management changes were approved, including the change in designation of Mr. Atul Ramshankar Jaiswal to Managing Director, the appointment of Mr. Anshul Sharma as Executive Director and CFO, and the appointment of Mr. Utsav Jasapara as an Additional Director (Non-Executive, Independent Director). The resignation of Mr. Akash Dubey from Managing Director and CFO was also accepted.

Arco Leasing Ltd's Board of Directors met on August 13, 2026, approving the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved significant management changes, including the appointment of Mr. Atul Ramshankar Jaiswal as Managing Director, Mr. Anshul Sharma as Executive Director and CFO, and Mr. Utsav Jasapara as Additional Director (Non-Executive, Independent). The resignation of Mr. Akash Dubey as Managing Director and CFO was accepted. Additionally, the company approved the allotment of 1,06,13,500 equity shares.

Arco Leasing Ltd has announced that its Board of Directors will convene on August 13, 2026, to consider and approve the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The meeting is scheduled for 5:00 PM at the company's registered office. Concurrently, the trading window for the company's securities will remain closed from July 1, 2026, until 48 hours after the declaration of these financial results, in compliance with SEBI's insider trading regulations.

JJ IPO Advisor Pvt Ltd, acting as the Manager to the Offer, has submitted a Post-Open Offer report to BSE for Arco Leasing Ltd. This report is filed under Regulation 27(7) of the Substantial Acquisition of Shares and Takeover Regulations. The open offer was for acquiring up to 27,74,970 equity shares, representing 25.57% of the expanded voting share capital. The offer price was ₹10.00 per equity share, with a total offer size of ₹2,77,49,700.00. The report details the various stages of the open offer process, including public announcements, detailed public statements, letters of offer, and the schedule of activities. An escrow account was established with Axis Bank for the transaction.

JJ IPO Advisor Pvt Ltd, acting as the Manager to the Offer, has submitted a Post-Open Offer report to BSE for Arco Leasing Limited. This report, filed under Regulation 27(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, pertains to the open offer made by Mr. Jitesh Kothari and Mr. Atul Ramshankar Jaiswal. The open offer aimed to acquire up to 27,74,970 equity shares, representing 25.57% of the expanded voting share capital, at an offer price of ₹210/- per share. The filing follows a series of public announcements and disclosures made since March 2026, detailing the offer's timeline and terms.

Arco Leasing Ltd announced the appointment of Mr. Atul Ramshankar Jaiswal and Mr. Jitesh Kothari as Whole-Time Directors, effective July 23, 2026. Both appointments are for a term of five years, subject to shareholder approval. Mr. Jaiswal, a Chartered Accountant with over eight years of experience, will also serve as an Additional Director. Mr. Kothari's appointment as Additional Director was also approved. These changes were approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee.