Arco Leasing shifts registered office to Borivali East from September 21

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Board approved shifting registered office from Andheri to Borivali East
  • New address effective from September 21, 2026
  • Meeting held on September 19, 2026 between 4:00 pm and 4:30 pm
  • Disclosure made under SEBI LODR Regulation 30
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Arco Leasing Limited has approved the shifting of its registered office within Mumbai. The board directed the move from Andheri East to Borivali East effective September 21, 2026.

The decision was taken during a meeting of the Board of Directors held on September 19, 2026. The session commenced at 4:00 pm and concluded at 4:30 pm.

Office Relocation Details

The company will relocate its registered office from Plot No. 123, Street No. 17 M.I.D.C. (Marol), Andheri (E), Mumbai – 400 093 to B-09, Western Edge II, the Western Express Highway, near the Food Corporation of India Warehouse, Magathane, Borivali East, Mumbai, Maharashtra 400066.

Both the current and new addresses are situated within the local limits of Mumbai in the state of Maharashtra. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Jitesh Kothari, Whole Time Director, signed the communication on behalf of the company.

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What strategic advantages does the move to Borivali East offer Arco Leasing compared to its previous Andheri East location?

Will the office relocation result in any operational disruptions or changes to customer service protocols during the transition period?

Are there plans for further expansion or additional real estate acquisitions in Mumbai following this shift?

Atul Jaiswal acquires 36.63% stake in Arco Leasing via preferential allotment

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Atul Ramshankar Jaiswal acquired 3,974,680 shares (36.63%) via preferential allotment
  • Total holding rises from 150 shares (0.13%) to 3,975,830 shares (36.63%)
  • Transaction governed by Share Subscription Agreement dated March 13, 2026
  • Open offer completed on August 6, 2026; allotment intimated on August 13, 2026
  • Equity capital expands from 240,070 to 10,853,570 shares with no encumbrances
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Arco Leasing Limited disclosed that Atul Ramshankar Jaiswal acquired 3,974,680 equity shares, representing 36.63% of the voting capital, through a preferential allotment.

The acquisition was formalized under a Share Subscription Agreement dated March 13, 2026. The open offer associated with this transaction was successfully completed on August 6, 2026, with the allotment intimation received on August 13, 2026.

Acquisition Details

Jaiswal, identified as the proposed promoter of the target company, filed the disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the Bombay Stock Exchange on September 17, 2026.

Prior to this transaction, Jaiswal held 150 equity shares, constituting 0.13% of the company’s voting capital. These initial shares were acquired through the aforementioned open offer. There were no encumbrances, pledges, or convertible securities held by the acquirer before or after the transaction.

Metric Pre-Acquisition Acquired Post-Acquisition
Equity Shares 150 3,974,680 3,975,830
Voting Rights (%) 0.13% 36.63% 36.63%

The total equity share capital of Arco Leasing increased from 240,070 shares to 10,853,570 shares following the allotment. The diluted share capital remains identical to the post-acquisition equity capital, indicating no outstanding convertible instruments.

What the Numbers Show

The transaction represents a complete shift in ownership structure. With a pre-acquisition holding of merely 0.13%, Jaiswal’s entry as the proposed promoter via a single preferential allotment block establishes a dominant controlling stake immediately. The absence of any pledged shares or other encumbrances suggests the new promoter holds unencumbered voting rights.

The filing confirms that Jaiswal belongs to the proposed promoter group of the target company. No other persons acting in concert were disclosed in the filing.

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What strategic operational changes or business pivots does Atul Ramshankar Jaiswal plan to implement at Arco Leasing following his acquisition of the controlling stake?

How will the significant increase in equity share capital from 240,070 to over 10.8 million shares impact existing minority shareholders' liquidity and stock price volatility?

Given the clean slate with no pledged shares, what is the new promoter's financing strategy for future growth—will they rely on internal accruals or seek external debt/equity funding?

More News on Arco Leasing

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