Northern Arc Capital Limited — Others, 03-08-2025: Shareholders meeting

Northern Arc Capital's 17th Annual General Meeting is set for August 25. Shareholders will vote on adopting the audited annual financial results for FY2024-25 and re-appointing a director. The company seeks approval to boost its borrowing limit to INR 15,000 Cr and secure assets for loans. Also on the agenda is issuing up to INR 5,000 Cr in Non-Convertible Debentures and expanding the employee stock option pool by over 4.7 lakh options. Executive compensation changes are up for approval, including the Chairman's commission of INR 1.525 Cr and the MD & CEO's revised fixed pay of INR 5.50 Cr plus INR 3.08 Cr variable pay.