Northern Arc Capital544260Routine director change
Non-Executive Non-Independent Director's term ends, Board approves her as Additional Director for one year
Ms. Anuradha Rao's term as Non-Executive, Non-Independent Director ended on October 30, 2026.
By ScoutQuest · · 2 min read
- DIN
- 07597195
- Term Expiry Date
- October 30, 2026
- New Appointment Period
- October 31, 2026 to October 30, 2027
What the company informed the exchanges
- Ms. Anuradha Rao (DIN: 07597195) served as a Non-Executive, Non-Independent Director. Her term expired today, i.e., at the close of business hours on October 30, 2026.
- Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors, at its meeting held on October 30, 2026, approved her appointment as an Additional Director (Non-Executive, Non-Independent) of the company for a further period of one year with effect from October 31, 2026.
- The appointment is subject to the approval of the shareholders.
- She will also continue to serve as a Member of the respective Committees of the company with effect from the said date.
Term of the new appointment
- Appointed for a period of 1, (one) year with effect from October 31, 2026, to October 30, 2027, subject to approval of shareholders of the company.
Profile of the director
- Holds a bachelor's degree in science from Osmania University and a Master of Science degree in physics from the University of Hyderabad.
- Has approximately 37 years of experience in banking and finance and worked at the State Bank of India.
- Is not related to any of the Directors or Key Managerial Personnel of the company.
- Is not debarred from holding the office of director pursuant to any SEBI order or any other authority.
What it means for retail investors
- The same person continues on the board in a Non-Executive, Non-Independent role, so the seat is being filled for another year instead of falling vacant at the end of her term.
- The appointment at this stage is as an Additional Director, and the update says it is subject to shareholder approval, so that approval is the next step.
- Because she continues as a Member of the respective Committees, her committee responsibilities carry on from the same date without a break.
What to watch
- The shareholder approval to which the appointment has been made subject.
Also from Northern Arc Capital
Northern Arc Capital sets Q2FY27 earnings conference call for November 03, 2026 at 06:30 PM IST
29 Oct 2026
Board meeting on November 03, 2026 to approve Q2 and H1 results
27 Oct 2026
More numbers
- Period of appointment as Additional Director1, (one) year
- Experience in banking and finance37 years
Source: BSE · 30 Oct 2026
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