Northern Arc Capital Limited — Others, 06-05-2025: Shareholders meeting

Northern Arc Capital Limited has announced the results of a postal ballot, with all resolutions approved by shareholders. Dr. Kshama Fernandes has been re-appointed as a non-executive non-independent director with nearly unanimous support. Shareholders also approved the implementation of the Employee Stock Option Plan (ESOP) 2016 via the trust route and the extension of ESOP benefits to employees of holding and subsidiary companies, each receiving over 96% approval. These decisions strengthen management’s governance approach and enhance employee incentives, aiding retention and aligning interests with shareholders.