Geetanjali Credit and Capital Ltd — Important, 16-07-2026: Company Update

Geetanjali Credit and Capital's Board approved a significant increase in authorized share capital from Rs. 10 Cr to Rs. 100 Cr, subject to shareholder approval, paving the way for future growth. The company will raise up to Rs. 90 Cr through a rights issue of equity shares to eligible shareholders, with a committee empowered to finalize the issue terms. Additionally, Independent Director Mr. Mukesh Gupta resigned, citing pre-occupancy. The Board also approved the Director's Report for FY2025-26 and decided to convene its Annual General Meeting, alongside reconstituting various Board committees.