Gujarat Credit Corporation Limited has scheduled its 33rd Annual General Meeting for Wednesday, September 30, 2026. The meeting is set to begin at 12:30 pm at the company's registered office in Ahmedabad.

The firm published the notice of the meeting in Western Times (English) and Western Times (Gujarati) on September 9, 2026. The publication serves as official intimation to shareholders regarding the upcoming corporate action.

Meeting Details

The annual general meeting will be conducted at the company's registered office located at A-115, Siddhi Vinayak Tower, B/h DCP office, off S.G. Highway, Makarba, Ahmedabad.

Amam Shreyans Shah, Managing Director of the company, signed the notice enclosing the newspaper clippings for record purposes.

Gujarat Credit Corporation Limited has scheduled its 33rd Annual General Meeting for September 30, 2026, at its registered office in Ahmedabad. The meeting will address critical governance matters, including the reappointment of the Managing Director and the ratification of a strategic related-party transaction.

The agenda features several key resolutions aimed at ensuring operational continuity and governance compliance. Shareholders will vote on the adoption of audited financial statements for the fiscal year ended March 31, 2026, and the reappointment of Binoti Shah Jatinbhai as a director retiring by rotation.

Key Agenda Items

The Board has placed four special business items before shareholders for approval:

• Managing Director Reappointment: Approval for the reappointment of Amam Shreyans Shah as Managing Director for a five-year term, effective from September 4, 2026, to September 3, 2031. His remuneration will be determined by mutual terms between the Board and the executive.
• Director Continuation Post-Age 75: A special resolution to approve the continuation of Bahubali Shantilal Shah as a Non-Executive Director after attaining the age of 75 years, in compliance with SEBI Listing Regulations.
• Related Party Transaction: Approval for entering into contracts with Servashanti Properties Private Limited, a related party where Amam Shreyans Shah serves as a common director. The aggregate value is capped at ₹50 lakh per year for FY27.
• Financial Statements: Adoption of standalone and consolidated audited financial statements for FY26.

Strategic Lease Agreement

A significant portion of the AGM notice details a related-party transaction involving the lease of company-owned land to Servashanti Properties Private Limited. The agreement, effective from April 1, 2026, involves a monthly rent of ₹3 lakh receivable by Gujarat Credit.

The company disclosed that its current business turnover is nil. Consequently, this lease arrangement is described as an essential strategic revenue-generating mechanism to meet routine administrative, compliance, and operational overheads without diluting core assets. The Audit Committee reviewed and approved the ratification of this already-executed agreement in April 2026.

Governance and Voting

The meeting will be held physically at A-115, Siddhi Vinayak Towers, Ahmedabad. However, shareholders are required to vote via remote e-voting facilities provided by CDSL and NSDL. The voting period runs from September 27, 2026, at 9:00 am to September 29, 2026, at 5:00 pm. The register of members will remain closed from September 24, 2026, to September 30, 2026.