Northern Arc Capital Limited — Others, 25-08-2025: Shareholders meeting

Northern Arc Capital Limited convened its 17th Annual General Meeting via video conferencing. Shareholders adopted the audited annual standalone and consolidated financial statements for the financial year ended March 31, 2025. Key resolutions passed include approving the creation of charges on company assets and an increase in borrowing powers. The company also secured approval to offer and issue Non-Convertible Debentures through private placement, enhancing funding flexibility. Additionally, the increase in ESOP options was approved, alongside revisions to remuneration for the Chairman and the Managing Director & CEO, aligning executive compensation and strengthening employee incentives. The meeting concluded after a Q&A session.