Geetanjali Credit and Capital Limited concluded its Annual General Meeting on August 21, 2026, approving key board appointments and adopting the financial statements for FY26.

The meeting, held via video conferencing, saw shareholders ratify the appointment of Mr. Dharmendra Hasmukhbhai Vyas as Managing Director. The agenda also included the regularization of four additional directors to the board.

Key Resolutions

The following resolutions were passed by the members:

• Adoption of the Balance Sheet, Profit & Loss Account, and Cash Flow Statement for the year ended March 31, 2026.
• Increase in authorized share capital.
• Appointment of Mr. Dharmendra Hasmukhbhai Vyas (DIN: 11668470) as Managing Director.
• Regularization of Ms. Jyoti Bairwa (DIN: 10861175) as an Independent Non-Executive Director.
• Regularization of Mr. Imran Saiyed (DIN: 11100557) as an Independent Non-Executive Director.
• Regularization of Ms. Kamlaben Salvi (DIN: 11668477) as a Non-Executive Director.
• Regularization of Mr. Pradeep Kumar Agrawal (DIN: 10209096) as a Non-Executive Independent Director.

E-Voting Technical Issues

The company reported that several shareholders faced technical difficulties while using the e-voting facility provided by NSDL. These shareholders requested a 15-minute extension to cast their votes after the initial voting window closed from August 18 to August 20, 2026.

However, the scrutinizer, M/s. Dharti Patel & Associates, had already unblocked the e-voting results on the NSDL portal. Following guidance from NSDL representatives, the company confirmed that the voting period could not be extended once the results were unblocked. Consequently, the requested extension was not granted.

Meeting Details

The AGM commenced at 1:00 pm and concluded at 1:24 pm. The Chairman presided over the meeting, which began after the requisite quorum was established. The scrutinizer's report is scheduled to be uploaded on the BSE website within 48 working hours of the meeting's conclusion.

Geetanjali Credit and Capital Limited appointed three additional directors and reconstituted its board committees during a meeting held on August 21, 2026.

The appointments require shareholder approval to become permanent. The board acted on recommendations from the Nomination and Remuneration Committee.

Director Appointments

The company appointed Mr. Avinash Verma as an Additional Executive Director effective August 21, 2026. He brings over five years of experience in accounting and taxation. He holds no shares in the company and has no relationships with existing directors.

Mr. Vishnuji Ravaji Thakor was appointed as an Additional Executive Director. He possesses knowledge in marketing and sales. Like Mr. Verma, he holds no shares and has no ties to current board members.

Mr. Dhaval Jagdishbhai Vaghela joined as an Additional Non-Executive Non-Independent Director. He specializes in capital markets and investments. He currently serves on no other listed entity boards.

Committee Restructuring

The board approved the reconstitution of various board committees alongside the new appointments. All three new directors are not debarred by SEBI or any other authority from holding office.