Geetanjali Credit and Capital Ltd will convene a board meeting on July 16, 2026, to deliberate on increasing its authorised share capital and exploring avenues to raise funds. The meeting, scheduled to be held at the company's registered office, will address proposals for capital augmentation and the issuance of securities, which could impact the company's financial structure and liquidity.

The board intends to consider raising funds through the issuance of equity shares, convertible bonds, debentures, convertible warrants, preference shares, or other equity-linked securities. These securities may be issued via permissible modes such as rights issues, private placements, preferential issues, or qualified institutions placement, in compliance with the Companies Act, 2013 and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

In addition to fund-raising proposals, the directors will consider and approve the logistics for the Annual General Meeting (AGM). This includes determining the date, time, and venue of the AGM, as well as finalising the notice, the Board's Report, and the cut-off date. The board will also establish the book closure or record date and the e-voting schedule, subject to applicable laws.

The meeting agenda includes a provision to consider any other business with the permission of the Chairperson. The intimation was submitted to BSE Ltd in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Geetanjali Credit and Capital Ltd has appointed Dharmendra Hasmukhbhai Vyas as its Chief Financial Officer (CFO) effective July 6, 2026. The decision was made during a board meeting held on the same day to fill a casual vacancy for the post. The appointment is subject to compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015.

Appointment Details

The board approved the appointment of Mr. Vyas to strengthen the company's financial leadership. He is a graduate in the field of Accountancy and possesses more than 10 years of experience in accounts and related activities. Prior to this role, he was already serving on the board as the Managing Director of the company.

Key Information

The following table outlines the key particulars of the appointment:

The meeting commenced at 02:00 PM and concluded at 02:30 PM. The disclosure was submitted to BSE Ltd by Director Kamlaben Salvi.