Geetanjali Credit and Capital Ltd — Important, 16-05-2026: Company Update

Geetanjali Credit and Capital's board approved audited financial results for the quarter and year ended March 31, 2026, reporting a Net Profit of 0.015 Cr for the year. The company appointed Ms. Jyoti Bairwa and Mr. Saiyad Imran as new Independent Directors and reconstituted committees. Auditors issued a qualified opinion due to Rs 2.56 Cr in loans with unconfirmed recoverability and interest not as per RBI norms, alongside a Rs 5.30 Cr unaddressed income tax demand. This highlights significant financial and operational concerns for shareholders.