Gconnect logitech & supply chain Limited has announced the resignation of its Company Secretary and Compliance Officer, Ms. Ankita Jayesh Malde, effective March 21, 2026. The resignation was communicated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Resignation Details

Ms. Ankita Jayesh Malde (ACS: A69753) tendered her resignation citing specific financial grievances with the company. The resignation was attributed to two primary factors that made her position untenable.

Reasons for Resignation

The resignation letter explicitly outlined the financial issues that led to Ms. Malde's decision to step down from her role. The company secretary cited two main concerns in her resignation communication:

• Non-receipt of remuneration for the past three months
• No revision in remuneration despite repeated requests

Ms. Malde stated in her resignation letter that these circumstances "made it untenable for me to continue in the role." She also requested the company to settle any pending dues in accordance with the applicable provisions of the Companies Act, 2013, and other relevant laws.

Company Response

Gconnect Logitech and Supply Chain Limited has accepted the resignation and confirmed that Ms. Malde was relieved from her duties from the closing of working hours on March 21, 2026. The announcement was signed by Jigar Vinodbhai Sheth, Managing Director (DIN: 09679044), and communicated to BSE Limited as required under regulatory obligations.

Regulatory Compliance

The company fulfilled its disclosure obligations by informing BSE Limited about the resignation under Regulation 30 of SEBI regulations. The resignation letter was enclosed with the regulatory filing to provide complete transparency regarding the circumstances of the departure.

This development raises questions about the company's financial management and employee compensation practices, particularly given the specific mention of unpaid remuneration for an extended period.

Gconnect logitech & supply chain Limited has concluded its board meeting held on March 02, 2026, with directors evaluating multiple fund-raising mechanisms as part of the company's capital expansion strategy.

Board Meeting Outcome

The board meeting, which was initially scheduled to consider preferential equity issuance, concluded with directors deliberating on various fund-raising options. The company has indicated that an appropriate decision regarding the capital raising mechanism will be made in due course, subject to applicable laws and regulatory approvals.

The meeting was conducted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the company committing to make appropriate disclosures as and when required.

Regulatory Framework and Compliance

The company has assured stakeholders that any fund-raising decision will be made in accordance with applicable laws and subject to necessary regulatory and statutory approvals. Future disclosures will be made in compliance with the Listing Regulations, applicable SEBI Master Circulars, and other relevant laws and regulations.

Corporate Information

The outcome notification was signed by Jigar Vinodbhai Sheth, Managing Director, and submitted to BSE Limited's Corporate Relationship Department. The company continues to operate under its established corporate structure with active stakeholder communication channels.

The company has committed to keeping the stock exchange informed and making appropriate disclosures as developments progress regarding the fund-raising initiatives.