NORTHARCNorthern Arc Capital Ltd.
Northern Arc Capital re-appoints Ashish Mehrotra as MD and CEO for five years
- Management change
- Non-banking financial company
Reviewed byKeshav SehgalBlacklitt Research
Northern Arc Capital (NSE: NORTHARC) said in a filing on 03 Nov 2026 that its board approved the re-appointment of Ashish Mehrotra as Managing Director and Chief Executive Officer for five consecutive years from 01 Apr 2027, subject to shareholder approval.
Term and background of the re-appointment
The board made the re-appointment on the recommendation of the Nomination and Remuneration Committee. The term runs for five consecutive years with effect from 01 Apr 2027, and the approval of shareholders is required.
Mehrotra has been associated with the company since 1 Jul 2021 and joined the board on 14 Feb 2022. He became Managing Director and Chief Executive Officer on 1 Apr 2022. The filing says he has over 25 years of experience in retail and commercial banking, wealth management and insurance, and that he holds an MBA from the Institute of Management Studies, DAVV, Indore, and has completed Harvard Business School's senior executive leadership program.
Same-day filing and context
The re-appointment was in the same board outcome as the unaudited standalone and consolidated results for the quarter and half year ended 30 Sep 2026. The company reported consolidated total income of ₹782.82 crore for Q1 FY27 and net profit of ₹114.10 crore for that quarter, per Blacklitt's data. The filing itself does not link the two items.
The company's market value stood at ₹4,216 crore at the 03 Nov 2026 close of ₹260.90 a share. On 30 Oct 2026 the company had also filed an appointment of Anuradha Rao as a non-executive director.
What the re-appointment means for Northern Arc Capital's shareholders
The filing confirms the continuity of the current managing director and CEO for a further five years, from 01 Apr 2027, if shareholders approve. The filing does not say what his remuneration will be, when shareholders will vote, or who would act if the approval is not given.
The next dated step is the trading window reopening on 06 Nov 2026; the shareholder vote has no date in the filing.
At a glance
| Item | Detail |
|---|---|
| Person | Ashish Mehrotra (DIN: 07277318) |
| Role | Managing Director and Chief Executive Officer |
| Term | Five consecutive years |
| Effective date | 01 Apr 2027, subject to shareholder approval |
| Board approval | 03 Nov 2026 |
| Committee recommendation | Nomination and Remuneration Committee |
Filed with BSE on . Reference: Original filing (PDF)
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