Geojit Financial Services Limited has announced the reaffirmation and withdrawal of its credit rating by Crisil Ratings Limited for bank facilities totaling Rs.197 crore. The company informed both BSE and NSE about this development through a regulatory filing under Regulation 30 of the SEBI (LODR) Regulations 2015.

Credit Rating Details

Crisil Ratings Limited assigned a Crisil A1 rating to the company's short-term bank facilities before proceeding with the withdrawal. The rating action covered the entire facility amount of Rs.197.00 crore.

Bank Facility Breakdown

The rated facilities comprise various banking arrangements across two major financial institutions. The breakdown shows a diversified approach to the company's banking relationships.

Withdrawal Process

The withdrawal process was initiated by Geojit Financial Services through a formal request to Crisil Ratings. According to the rating agency's communication dated March 07, 2026, the company had submitted a letter on July 03, 2025, requesting the withdrawal of outstanding ratings on the bank loan facilities.

Crisil Ratings confirmed that after due consideration, it proceeded with withdrawing the ratings assigned to the bank loan facilities. The rating agency emphasized that all ratings assigned by Crisil Ratings are kept under continuous surveillance and review.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both stock exchanges about the rating action. Geojit Financial Services has also made this information available on its official website at www.geojit.com for stakeholder access. The communication was signed by Liju K Johnson, Company Secretary, ensuring proper corporate governance protocols were followed.

Geojit Financial Services has informed stock exchanges about the resignation of Mr. Gopinath Natarajan from his position as CEO - Asset Management, effective February 28, 2026. The company made this disclosure to BSE Limited and National Stock Exchange of India Limited on February 27, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations.

Senior Management Change Details

The resignation represents a significant change in the company's senior management structure. Natarajan has served as CEO of the Asset Management division, a key business segment of the financial services company.

Resignation Communication

According to the resignation letter dated November 10, 2025, Natarajan informed the company management of his intention to step down following telephonic conversations held on November 6 with Mr. Satish and the subsequent day with Kamal Mampilly. In his resignation communication, Natarajan expressed gratitude for his tenure with the organization.

Key aspects of the resignation process:

• Initial discussions held in early November 2025
• Formal resignation submitted on November 10, 2025
• Extended transition period until February 28, 2026
• Commitment to ensure seamless handover of responsibilities

Professional Tenure and Transition

Natarajan completed two years with Geojit Financial Services in his role as CEO of the Asset Management division. In his resignation letter, he acknowledged the valuable insights gained during his tenure and expressed confidence that the experience would benefit his future endeavors.

The departing executive has committed to facilitating a smooth transition of responsibilities during the extended notice period. This approach demonstrates the company's focus on maintaining operational continuity in its asset management business.

Regulatory Compliance

Geojit Financial Services has fulfilled its disclosure obligations under SEBI regulations by providing comprehensive details about the senior management change. The company submitted the required documentation, including the formal resignation letter and detailed particulars as mandated by SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Company Secretary Liju K Johnson signed the disclosure documents, ensuring compliance with all applicable listing regulations and maintaining transparency with stakeholders and investors.