Arco Leasing Ltd

Arco Leasing Ltd announced that its shareholders have approved the appointment of Mr. Jitesh Kothari as Whole-Time Director and Chairman for a five-year term effective July 23, 2026. Additionally, Mr. Anshul Sharma has been appointed as Executive Director and Chief Financial Officer for a similar five-year term, effective August 13, 2026. These appointments were confirmed at the Annual General Meeting held on September 30, 2026. Mr. Kothari, a Chartered Accountant with over nine years of experience in audit, taxation, and financial advisory, is not related to any existing directors or KMPs and is not debarred by SEBI. Mr. Sharma's appointment also includes him as a Key Managerial Personnel.

Arco Leasing Ltd announced that its shareholders have approved the appointment of M/s. D M K H & Co., Chartered Accountants, as the company's Statutory Auditors. This approval was granted with the requisite majority at the 42nd Annual General Meeting held on September 30, 2026. The appointment is for a term of five consecutive years, commencing from the conclusion of the 42nd AGM until the conclusion of the 47th AGM. This appointment follows the resignation of the previous auditors, M/s. M. C. Jain & Co. LLP. M/s. D M K H & Co. is a well-established firm with over 35 years of experience and a significant professional team across India.

Arco Leasing Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from October 1st, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter and half-year ending September 30th, 2026. This action is a standard procedure to prevent potential insider trading during sensitive financial reporting periods.

Arco Leasing Ltd's Board of Directors, at its meeting on September 19, 2026, approved the shifting of the company's Registered Office. Effective September 21, 2026, the new office will be located at B-09, Western Edge II, Western Express Highway, near the Food Corporation of India Warehouse, Magathane, Borivali East, Mumbai, Maharashtra 400066. The previous office was at Plot No. 123, Street No. 17 M.I.D.C. (Marol), Andheri (E), Mumbai – 400 093 India. The new location remains within the local limits of Mumbai, Maharashtra.

Atul Ramshankar Jaiswal, identified as a proposed promoter of Arco Leasing Limited, has disclosed the acquisition of 64,620 equity shares. This off-market transaction was executed via a Share Purchase Agreement dated March 13, 2026, and completed on August 2, 2026. Prior to this acquisition, Jaiswal held 3,974,830 shares, representing a 36.62% stake. The additional shares increase his total holding to 4,039,450 shares, raising his stake by 0.60% to 37.22% of the company's total equity share capital. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Atul Ramshankar Jaiswal, a proposed promoter of Arco Leasing Limited, has disclosed the acquisition of 3,974,680 equity shares through a preferential allotment. This transaction, completed on August 13, 2026, significantly increases his holding in the company. Prior to this acquisition, Jaiswal held 150 shares, representing 0.13% of the total share capital. Post-acquisition, his total stake now stands at 3,975,830 equity shares, which constitutes 36.63% of Arco Leasing Limited's total diluted share capital. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Jitesh Kothari, identified as a Proposed Promoter of Arco Leasing Limited, has disclosed the acquisition of 63,980 equity shares. The acquisition was executed off-market through a Share Purchase Agreement dated March 13, 2026, with the transaction date being September 7, 2026. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Following this acquisition, Jitesh Kothari's total shareholding in Arco Leasing Limited increased from 3,975,470 shares (36.63%) to 4,039,450 shares, representing 37.22% of the company's total equity share capital.

Arco Leasing Ltd has filed its Annual Report for the financial year 2025-2026, which includes the notice for its 42nd Annual General Meeting (AGM). The AGM is scheduled for Wednesday, September 30th, 2026, at 5:00 PM IST, to be held at their Mumbai office. Key agenda items include the adoption of the standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026, and the appointment of M/s. D M K H & Co. as statutory auditors to fill a casual vacancy. The company is also seeking approval for the appointment of the same firm as statutory auditors for the upcoming period.

Arco Leasing Ltd has announced the resignation of three Independent Directors: Mr. Srikar Gopalrao, Mrs. Usha Manish Ghelani, and Mrs. Khadija Taher Raniwala. Their resignations are effective August 31, 2026, and are attributed to a sale of stake in the company, leading to a change in management and control. The company has confirmed there are no other material reasons for their departure. The directors held no shareholding in the company and served on key board committees.

Arco Leasing Ltd announced the appointment of M/s. D M K H & CO, Chartered Accountants, as its new Statutory Auditors. This appointment fills a casual vacancy caused by the resignation of M/s. M. C. Jain & Co LLP. D M K H & CO will hold office from August 25, 2026, until the conclusion of the upcoming Annual General Meeting. The Board also recommended their appointment for a subsequent term of five consecutive years, from the conclusion of the 42nd AGM until the 47th AGM in 2031. The firm has extensive experience across various sectors and is empaneled with regulatory bodies.