Northern Arc Capital Limited — Others, 20-12-2024: Shareholders meeting

Northern Arc Capital Limited has reported that all resolutions proposed during its 16th Annual General Meeting were approved by shareholders with the required majority. Key motions included the adoption of the audited financial statements for the year ended March 31, 2024, and the appointment of new statutory auditors. Notably, the revisions to managerial remuneration and the continuation of a non-executive director's term were also sanctioned. This unanimous support from shareholders reflects confidence in the company's governance and operational direction, potentially bolstering investor sentiment and signaling a stable future outlook for Northern Arc Capital.