EGM on 06 Nov 2026: director appointments and 19x share capital hike

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Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+4.2% vs market

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AI summary

Geetanjali Credit and Capital has called an EGM on 06 Nov 2026 at 03:00 PM at its Dharwad office. Key items: appoint Mr Shreedhar Godbole as Managing Director for 5 years, regularise 3 other directors, and raise authorised share capital nearly 19 times from Rs 5 crore to Rs 95 crore. Remote e-voting runs 03 to 05 Nov.

Likely market impact

19x jump in authorised share capital from Rs 5 crore to Rs 95 crore signals possible fund raise ahead. Director changes are routine.