Board Appoints New Independent Director; Executive Director Resigns; Committees Reconstituted

Board changes announced at the 28 September 2026 board meeting.

Mon 28 Sep 2026

New Independent Director Appointed

Ms. Ritu Tiwari (DIN: 11040362) appointed as Non-Executive Independent Director for five consecutive years (28 Sept 2026 to 27 Sept 2031)

Executive Director Resignation

Mr. Vishnuji Ravaji Thakor (DIN: 10974954) resigned as Additional Executive Director effective 28th September 2026

Director Experience

Ms. Ritu Tiwari holds over 10 years of professional experience across corporate laws and governance

New Director Shareholding

Ms. Ritu Tiwari holds NIL shares in the company

What was decided

The Board of Geetanjali Credit and Capital Limited met on 28th September 2026 and transacted three items, disclosed under Regulation 30 of the SEBI Listing Regulations.

Appointment

• Ms. Ritu Tiwari (DIN: 11040362) was appointed as an Additional Director in the category of Non-Executive Independent Director, based on the recommendation of the Nomination and Remuneration Committee.
• Effective from 28th September 2026 for a period of five consecutive years, i.e. up to 27th September 2031.
• The appointment is subject to approval of regulatory/statutory authorities and of shareholders at the ensuing General Meeting.
• Profile: over 10 years of professional experience across corporate laws and governance.
• She holds NIL shares in the company and has no relationship with other directors.
• She holds directorships in 4 other listed entities: Aanjaay Industries Limited, Kcd Industries India Limited, Svam Agritech Limited and Starbeam Ventures Limited. She holds no unlisted-entity directorships.
• She is not debarred from holding office of director by any SEBI or other authority order.

Resignation

• Mr. Vishnuji Ravaji Thakor (DIN: 10974954) resigned from the post of Additional Executive Director with effect from close of business hours on 28th September 2026.
• Reason stated: pre-occupancy. He confirmed there is no material reason for the resignation other than that mentioned in his resignation letter.
• He holds no directorships in other listed entities.

Committees

The Board approved the reconstitution of various committees of the Board of Directors.

Meeting timing

The meeting started at 4:30 PM and concluded at 05:15 PM. The intimation was signed by Shreedhar Vasant Godbole, Managing Director.

How to read this

This is a governance and board-composition change rather than a business or financial development. An independent director addition can be seen as strengthening the independent oversight on the Board, while the departure of an executive director reduces executive presence. The appointment still needs shareholder approval at the ensuing General Meeting.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.