Geojit Financial Services has filed a revised intimation with BSE Limited regarding the reaffirmation and subsequent withdrawal of its credit rating by ICRA Limited for financial instruments worth Rs. 100.00 crore. The company submitted the regulatory filing on January 2, 2026, addressing a one-day delay in the original submission.

Regulatory Filing and Compliance

The revised intimation was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, continuing from the company's initial filing dated December 29, 2025. Company Secretary Liju K Johnson signed the submission, which was digitally authenticated and filed with BSE Limited.

Rating Details and Action

ICRA's Rating Committee reaffirmed and withdrew the existing credit ratings on December 24, 2025, in accordance with the agency's withdrawal policy requirements. The action covered the company's diversified financial instruments portfolio.

Administrative Oversight Acknowledgment

The company acknowledged that the submission delay occurred due to an inadvertent administrative oversight, as referenced in SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Geojit Financial Services expressed regret for the oversight and confirmed strengthening of internal controls to maintain adherence to regulatory timelines.

Rating Withdrawal Process

The withdrawal was executed following ICRA's established policy framework for rating discontinuation. ICRA Limited prepared a press release detailing the rationale behind the withdrawal, which was shared with the company for review. The rating agency indicated readiness to participate in rating any future borrowing programmes that Geojit Financial Services may undertake.

Communication Documentation

The official ICRA communication was signed by Anil Gupta, Senior Vice President, and digitally authenticated on December 24, 2025. The letter was addressed to Ms. Mini Nair, Chief Financial Officer, at the company's registered office in Kochi, Kerala. The company confirmed that this information is available on its website at www.geojit.com .

Geojit Financial Services witnessed a significant block trade transaction on the National Stock Exchange (NSE), marking a substantial institutional activity in the stock. The transaction represents one of the notable bulk deals in the financial services sector.

Transaction Details

The block trade involved a considerable volume of shares with specific pricing parameters that highlight the scale of institutional interest.

Block Trade Significance

Block trades are large-volume transactions typically executed by institutional investors, mutual funds, or other large stakeholders. These transactions are often conducted outside regular market hours or through special trading mechanisms to minimize market impact. The substantial volume of 3.10 crore shares indicates significant institutional activity in Geojit Financial Services.

Market Activity

The transaction at ₹68.00 per share represents a considerable movement in the stock, with the total value reaching ₹210.76 crores. Such block trades often signal strategic positioning by institutional investors or portfolio restructuring activities. The execution on NSE ensures transparency and regulatory compliance for this large-volume transaction.

This block trade activity demonstrates continued institutional interest in Geojit Financial Services, reflecting the company's position in the financial services sector and its appeal to large-scale investors.