About Us

About ARCL:

AMC Repo Clearing Limited (ARCL) was incorporated in April 2021 and is recognized in-principle by Securities and Exchange Board of India (SEBI) under Stock Exchanges and Clearing Corporations (SECC) Regulations, 2018. ARCL is a Central Counter Party (CCP) offering clearing and settlement services to all trades executed on NSE and BSE under triparty repo in corporate debt securities with robust risk management along with guarantee mechanism.

Shareholders:

ARCL is promoted by all Asset Management Companies (AMCs). Its capital is contributed by AMCs in proportion to their Asset Under Management (AUM) of open ended debt oriented mutual fund schemes for the Financial Year (FY) 2020-21 as per SEBI circular dated February 02, 2021 and April 06, 2021.

Board of Directors:

Sr. No.	Name & Company	Designation
1	Mr. Srinivasan Varadarajan Non-Executive, Chairman of Union Bank of India Ex Deputy Managing Director of Axis Bank	Chairman & Public Interest Director
2	Mr. K Vaidya Nathan Resident faculty at the Indian School of Business, Mohali	Public Interest Director
3	Ms. Huzan Mistry Former Consultant, National Stock Exchange, Mumbai	Public Interest Director
4	Mr. Alok C Jena Chief General Manger National Bank for Agriculture and Rural Development(NABARD)	Shareholder Director
5	Mr. Kashinath Katakdhond	Managing Director

Committees:

Committees

Terms of reference

Management Team:

Sr. No.	Name	Designation
1	Mr. Kashinath Katakdhond	Managing Director
2	Mr. Rajendra Utpat	Chief Financial Officer
3	Ms. Shweta Bhatt	Head – Operations
4	Mr. Vedant Kamulkar	Company Secretary & Compliance Officer
5	Mr. Natarajan Ramasamy	Advisor