Gujarat Credit Corporation Ltd — Important, 07-01-2026: Company Update

Gujarat Credit Corporation's board has approved sending a Final Reminder-cum-Forfeiture notice for unpaid final call money on its partly paid equity shares. Shareholders were due to pay Rs. 7.5 per share. Out of a total issue size of Rs. 22 Crore, the company had initially received Rs. 5.50 Crore as application money. A significant Rs. 16.50 Crore remains unpaid on 2.2 crore partly paid-up shares. This action is crucial for the company to collect outstanding funds and ensure the completion of its capital structure.