Gogia Capital Growth Limited reshuffled its board leadership on September 25, 2026, accepting the resignation of Brijesh Saxena while appointing Natasha Gogia as an Additional Director. The move marks a significant change in the company's governance structure, balancing the exit of a long-standing director with the addition of a new member linked to the Managing Director.

Board composition changes

The Board of Directors formally accepted the resignation of Brijesh Saxena (DIN: 06645560) from the office of Director, effective from the close of business hours on September 25, 2026. The resignation was attributed to personal reasons. The Board placed on record its appreciation for Saxena’s contributions during his tenure.

Simultaneously, the Board approved the appointment of Natasha Gogia (DIN: 11752504) as an Additional Director liable to retire by rotation. Her appointment is effective from September 25, 2026, subject to the provisions of the Companies Act, 2013. She will hold office until the date of the next general meeting or within three months from the appointment date, whichever is earlier.

Independent director exits noted

The Board also took note of the resignations of two Independent Directors, which had been previously intimated to the stock exchange on August 31, 2026:

• Rajat Raja Kothari (DIN: 09604960): Resigned effective August 31, 2026, citing increased professional commitments and time constraints.
• Aanal Mehta (DIN: 10409766): Resigned effective August 31, 2026, citing personal reasons.

Both directors confirmed that there were no material reasons for their resignation other than those stated in their letters.

Governance and relationships

The appointment of Natasha Gogia introduces a familial link to the company's top management. Disclosures indicate that she is the wife of Ankur Gogia, the Managing Director of the company. The Board stated that her association with the Board is intended to contribute to effective corporate governance and oversight, bringing relevant exposure to corporate affairs.

What the numbers show

The simultaneous departure of two Independent Directors in August and the replacement of one Executive Director with a family member of the Managing Director in September suggests a consolidation of board control. With both the outgoing and incoming directors holding nil shareholding, the changes appear driven by governance and operational considerations rather than equity restructuring. The rapid succession of resignations among independent members may warrant closer scrutiny regarding board independence, although the company has cited standard procedural reasons.

Gogia Capital Growth Limited’s board of directors approved a request to reclassify three promoters from the “Promoter and Promoter Group” category to the “Public” category. The decision was taken at a meeting held on August 29, 2026.

The reclassification pertains to requests received from Satish Gogia and Satish Gogia HUF. Additionally, the board noted that Late Shri Khem Chand, an erstwhile member of the promoter group, passed away in 1997. Pursuant to Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, he ceases to be included as a promoter upon his demise.

Shareholding Details

The promoters seeking reclassification hold the following stakes in the company:

Satish Gogia holds 2,900 shares, representing 0.05% of the total equity. Khem Chand held 1,00,000 shares, accounting for 1.58%, before his cessation from the promoter group. Satish Gogia HUF currently holds zero shares.

Regulatory Compliance

The company submitted the intimation to BSE Limited on September 10, 2026. The board had previously disclosed its approval via a letter dated August 29, 2026. Gogia Capital Growth stated it would undertake the requisite filings for reclassification in due course. The move is subject to shareholder approval and compliance with applicable regulatory requirements under Regulation 30 and 31A of the SEBI (LODR) Regulations, 2015.