Arco Leasing Ltd Appoints New Directors: Atul Ramshankar Jaiswal and Jitesh Kothari Take On Leadership Roles
Arco Leasing Ltd has announced key appointments following a Board meeting held on July 23, 2026. The company appointed Mr. Atul Ramshankar Jaiswal and Mr. Jitesh Kothari to director positions, including additional directorships and the role of Whole-Time Director. Both individuals were appointed with effective dates starting from July 23, 2026, with a term spanning five years.The appointments are subject to shareholder approval. The Board meeting concluded after commencing at 03:00 P.M.
Appointment Details and Profiles
Arco Leasing Ltd appointed Mr. Atul Ramshankar Jaiswal as an Additional Director and Whole-Time Director of the Company. Mr. Jaiswal holds a qualification as a Chartered Accountant and is a Commerce graduate from the University of Mumbai. He brings over eight years of professional experience in financial reporting, taxation, auditing, regulatory compliance, and business advisory services. Previously, he was a practicing Chartered Accountant from September 2017 to January 2026 and currently serves as an Independent Consultant. His expertise covers direct and indirect taxation, statutory and internal audits, financial planning, and corporate compliance.Mr. Jitesh Kothari was also appointed as an Additional Director and Whole-Time Director of the Company. Mr. Kothari is a Chartered Accountant and holds a Commerce degree from the University of Mumbai. He possesses over nine years of diversified professional experience in audit and assurance, taxation, financial reporting, corporate compliance, and business advisory services. His background includes practicing as a Chartered Accountant from February 2016 to July 2024 and serving as an Independent Consultant. Mr. Kothari’s expertise encompasses statutory and internal audits, IPO advisory, fund raising, and research analysis in the financial markets.
The details of the appointments are summarized below:
| Director Name | Role Appointed | Effective Date | Term Duration |
|---|---|---|---|
| Mr. Atul Ramshankar Jaiswal | Additional Director & Whole-Time Director | July 23, 2026 | Five years (to July 22, 2031) |
| Mr. Jitesh Kothari | Additional Director & Whole-Time Director | July 23, 2026 | Five years (to July 22, 2031) |
Both newly appointed directors have disclosed that they are not related to any of the existing Directors or Key Managerial Personnel (KMP) of Arco Leasing Ltd.
Stock Price Movement
At the close of trade on Monday, shares of Arco Leasing Ltd settled at ₹3.75, recording no change for the financial day. The stock remained locked throughout the session, trading completely flat as its high and low were identical at ₹3.75.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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