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.

Gconnect Logitech & Supply Chain appointed Rajiv Darji and Ronak Sheth as additional executive directors effective September 16, 2026. The appointments require shareholder approval at the ensuing general meeting.

The board also noted the resignation of Parthiv Kumar Bharat Bhai Barad from his role as independent director. His resignation took effect at the close of business hours on August 25, 2026.

Board Meeting Outcomes

The company’s board held its meeting on September 16, 2026, commencing at 5:00 pm and concluding at 7:30 pm. The discussions centered on changes to the board composition in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

New Appointments

Rajiv Chandulal Darji joins as an additional executive director. He is a graduate with over 10 years of experience in business strategy and management. His professional background spans real estate, consultancy, infrastructure, and transport sectors.

Ronak Pankaj Bhai Sheth was also appointed as an additional executive director. He holds a B.Com degree and software engineering certification from NIIT. Mr. Sheth brings over 23 years of experience in financial services to the board.

Resignation

Parthiv Kumar Bharat Bhai Barad resigned as independent director due to personal reasons and future engagements elsewhere. The filing states he is no longer able to devote time to the company’s affairs. No other listed entities hold directorships for Mr. Barad.

Both new appointments are subject to member approval at the next general meeting. The company disclosed no relationships between the newly appointed directors and existing board members.