Geetanjali Credit and Capital Ltd

EGM purpose

• EGM to regularize/add directors, appoint MD, appoint independent directors, and increase authorized capital.

Resolutions

• Ordinary: Regularize Dhaval Vaghela as Non-Executive/Non-Independent Director for 60 months from Aug 21, 2026; no promoter interest.
• Special: Appoint Shreedhar Godbole as Managing Director (10 Sep 2026–9 Sep 2031); no promoter interest.
• Ordinary: Regularize Ritu Tiwari as Independent Director for 5 years (28 Sep 2026–27 Sep 2031); no promoter interest.
• Ordinary: Regularize Purti Katyal as Independent Director for 5 years (25 Aug 2026–24 Aug 2031); no promoter interest.
• Ordinary: Increase authorized capital to Rs 95 crore; MOA Clause V amended.

Impact on capital and governance

• Impact: No immediate shareholding change; capital increase enables future issuances.

Board changes

• MD appointment and four director regularizations.

Capital increase and MOA subject to AGM

• Authorized capital increased to Rs 95 crore (9.5 million shares of Rs 10) from Rs 5 crore.
• Subject to shareholders' AGM approval and MOA amendments.

EGM arrangements

• EGM scheduled for 6 November 2026 at 3:00 AM at registered office.
• Scrutinizer appointed; e-voting window 3–5 November 2026; cut-off 30 November 2026.
• E-voting opens 3 November 2026 and closes 5 November 2026.

Reschedule details

• Board meeting rescheduled from 13 October 2026 to 14 October 2026.
• Reason: unavoidable circumstances.
• Original date mentioned: 13 October 2026.
• Agenda items not specified in the filing.

Appointments

• Ms. Ritu Tiwari appointed Independent Director for five years from 28 Sep 2026, subject to approvals.
• Appointment term: 28 Sep 2026 to 27 Sep 2031.
• Appointment subject to regulatory and shareholder approvals at General Meeting.

Resignations

• Mr. Vishnuji Ravaji Thakor resigned as Additional Executive Director, effective 28 Sep 2026, due to pre-occupancy.

Committee Changes

• Board approved reconstitution of various committees of the Board.

Geetanjali Credit and Capital Limited – Trading window closed from 1st October, 2026 till expiry of 48 hours after declaration of unaudited financial results for the quarter and half year ended 30th September, 2026

Appointment

• Appointed Mr. Shreedhar Vasant Godbole as Managing Director and CFO, effective 10 September 2026.
• Term five years from 10 September 2026 to 09 September 2031, subject to shareholders' approval.
• Profile: founder of Shreedhar Tutorials; 30+ years teaching; Bonanza Portfolio franchise owner.
• Not debarred by SEBI; not related to existing directors; NIL shares held.

Resignation

• Resigned as Additional Executive Director effective 10 September 2026 due to pre-occupation.
• No other material reasons beyond resignation letter.

Appointment of Independent Director

• Appointed Ms. Purti Katyal as Additional Independent Director, w.e.f. 25 Aug 2026, for five years, subject to approvals.

Committee Reconstitution

• Board approved reconstitution of various Board committees.

Board changes

• Shareholders did not approve appointments at AGM; directors deemed resigned.
• Past management directors deemed resigned; their tenure ceased effective 21 August 2026.
• New board: Avinash Verma and Vishnuji Ravaji Thakor appointed as Additional Executive Directors.
• Third director: Dhaval Jagdishbhai Vaghela appointed as Non-Executive Non-Independent Director.
• Appointments dated 21 August 2026; tenure up to next General Meeting or within three months.
• Overall present board comprises three directors per Table-A.

AGM details

• Date and time: 21 August 2026, 1:00 PM.
• Mode: VC/OAVM.
• E-voting window: 18–20 August 2026.
• Voting eligibility cut-off date: 14 August 2026.

Resolutions and outcomes

• Resolution 1: Adoption of financial statements; passed.
• Resolution 2: Increase in authorized share capital; not passed.
• Resolution 3: Appointment of MD Dharmendra Vyas; not passed.
• Resolution 4: Regularization of Jyoti Bairwa; not passed.
• Resolution 5: Regularization of Imran Saiyed; not passed.
• Resolution 6: Regularization of Kamlaben Salvi; not passed.
• Resolution 7: Regularization of Pradeep Kumar Agrawal; not passed.

Dividend

• No dividend proposed or declared.

Director changes

• No director changes approved; proposed regularizations were not passed.

Auditors

• No auditor appointments or changes announced.

Related-party transactions

• No material related-party transactions disclosed.

Other approvals

• No ESOPs, mergers, or charter amendments indicated.