Gconnect Logitech & Supply Chain Limited attributed a delayed regulatory filing regarding an Independent Director’s resignation to a technical issue. The company clarified that the disclosure was uploaded within the mandated 24-hour window but failed to generate an acknowledgement from the BSE Listing Centre.

The resignation of the Independent Director became effective on September 16, 2026. Management identified the submission failure and placed the matter before the Board of Directors at its meeting held on the same date. The requisite disclosure was subsequently re-uploaded to the BSE Listing Centre on September 16, 2026.

Regulatory Compliance

The clarification addresses an observation by BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Gconnect Logitech submitted a fresh corporate announcement referencing the earlier filing to ensure compliance.

The company confirmed there are no other material reasons for the resignation beyond those stated in the director’s letter, in accordance with Regulation 30 read with Schedule III of the SEBI LODR Regulations, 2015.

Jigar Vinodbhai Sheth, Managing Director, signed the communication dated September 18, 2026.

Gconnect Logitech & Supply Chain has scheduled a board meeting for September 19, 2026, to consider raising funds through a rights issue. The proposal involves issuing equity shares to eligible shareholders, subject to regulatory approvals.

The company notified BSE Limited on September 16, 2026, regarding the agenda. The board will transact the business of approving the rights issue in compliance with the Companies Act, 2013, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Regulatory Compliance

The issuance of shares is contingent upon obtaining requisite approvals from relevant regulatory authorities. The process must adhere to applicable laws and regulations governing capital issues.

The meeting will also address any other matters with the permission of the chair and consent of a majority of directors present, including at least one independent director. Jigar Vinodbhai Sheth, Managing Director, signed the intimation.