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

Northern Arc Capital shareholders have approved all nine resolutions at the 17th Annual General Meeting. Key approvals include adopting financial results for the fiscal year ended March 31, 2025, re-appointing Mr. Michael Fernandes as a director, and appointing Secretarial Auditors. Shareholders also approved crucial financial flexibility measures: creating charges on company assets, increasing borrowing limits, and issuing Non-Convertible Debentures (NCDs) via private placement. Furthermore, the company increased Employee Stock Option Plan (ESOP) options and revised remuneration for Mr. P S Jayakumar, Non-Executive Independent Director and Chairperson, and Mr. Ashish Mehrotra, MD & CEO.