GCGeetanjali Credit and Capital539486EGM notice

EGM on 06th November 2026: director appointments, MD for 5 years and authorised capital increase

EGM called for Friday, 06th November 2026 at 03:00 PM.

By ScoutQuest · Thu 15 Oct 2026, 5:04 PM IST · 3 min read

EGM Date

Friday, 06th November 2026 at 03:00 PM

Authorised Share Capital Increase

Rs. 5 crore to Rs. 95 crore

e-Voting Period

03rd Nov to 05th Nov 2026

What is happening

Geetanjali Credit and Capital Ltd has submitted the notice of an Extra-ordinary General Meeting of its members, to be held on Friday, 06th November 2026 at 03:00 PM at the registered office at 2, "Shreedhar Krupa", Shreedhar Tutorials of Commerce, II Main, II Cross, Vidyagiri, Dharwad, Karnataka - 580004. The notice sets out five items of special business on which shareholders will vote. These are resolutions placed for approval; the outcome depends on the votes cast.

Directors and key personnel

• Mr. Dhaval Jagdishbhai Vaghela (DIN: 10864756) was appointed as an Additional Director (Non-Executive and Non-Independent) with effect from 21st August 2026 and holds office up to the date of the General Meeting. An Ordinary Resolution proposes his appointment as a Non-Executive and Non-Independent Director of the Company.
• Mr. Shreedhar Vasant Godbole (DIN: 11938167) was appointed as Managing Director on the Board of Directors meeting held on 10th September 2026, subject to the approval of shareholders. A Special Resolution proposes his appointment as Managing Director, liable to retire by rotation, for a period of five years from 10th September 2026 to 09th September 2031.
• Ms. Ritu Tiwari (DIN: 11040362) was appointed as an Additional Director with effect from 28th September 2026. An Ordinary Resolution proposes her appointment as an Independent Director, not liable to retire by rotation, for a term of 5 (five) consecutive years with effect from 28th September 2026 to 27th September 2031.
• Ms. Purti Katyal (DIN: 09251560) was appointed as an Additional Director with effect from 25th August 2026. An Ordinary Resolution proposes her appointment as an Independent Director, not liable to retire by rotation, for a term of 5 (five) consecutive years with effect from 25th August 2026 to 24th August 2031.

Authorised share capital

• An Ordinary Resolution proposes to alter and increase the authorised share capital from Rs. 5 crore (Rupees Five Crores Only) divided into 50,00,000 (Fifty Lakhs) Equity Shares of Rs. 10/- each, to Rs. 95 crore (Rupees Ninety-Five Crore Only) divided into 9,50,00,000 (Nine Crores Fifty Lakhs) Equity Shares of Rs. 10/- each.
• The resolution also substitutes Clause V of the Memorandum of Association of the Company with the new authorised share capital figure.
• Authorised share capital is the ceiling up to which a company can issue shares; this resolution by itself alters that ceiling.

Voting details

• Remote e-voting period begins on Tuesday, 03rd November 2026 at 9.00 A.M. and ends on Thursday, 05th November 2026 at 05.00 P.M.
• The cut-off date for determining which members may cast their vote electronically is Friday, 30th October 2026.
• A member entitled to attend and vote may appoint a proxy, who need not be a member. The proxy instrument must be deposited at the registered office not less than forty-eight hours before the commencement of the meeting.
• Members holding shares in demat form have the option to vote through the NSDL or CDSL e-voting systems; the notice sets out the login methods for each.

What shareholders are voting on

• Three of the items are Ordinary Resolutions and one, the appointment of the Managing Director, is a Special Resolution. A second Special Resolution item covers the change in the Memorandum of Association for the authorised capital.
• The director-related items seek to confirm appointments already made to the Board, while the capital item seeks to raise the limit up to which the Company may issue equity shares of Rs. 10/- each.

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