Northern Arc Capital Limited — Others, 14-02-2025: Cessation

Mr. Arunkumar Nerur Thiagarajan has completed his tenure as Independent Director of Northern Arc Capital Limited, ceasing his term on February 13, 2025. The Board expressed deep appreciation for his valuable contributions during his three-year tenure. This leadership transition could provide an opportunity for fresh perspectives on the Board, potentially influencing governance and strategic initiatives. While some investors may view this change positively, it also brings a potential risk regarding the continuity of internal oversight and strategic direction, depending on the appointed successor.