Announced Sat, 6 Sept · 11:53 IST

The Board, at its meeting held today has considered and approved various businesses

Multiple Ind Directors ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gujarat Credit Corporation's Board met on September 6, 2025 and approved several items. Two new Additional Independent Directors — Mr. Vipul Patel and Mr. Apurva Hathi — were appointed effective September 3, 2025, subject to shareholder approval. Two existing Independent and Non-executive Directors — Mr. LA Patel (DIN: 00227814) and Mr. Vipul H Raja (DIN: 00055770) — resigned effective September 4, 2025. The 32nd Annual General Meeting was scheduled for September 30, 2025 at 11:00 am, and the Register of Members will be closed from September 24 to September 30, 2025 for e-voting. The Board also approved the 32nd Annual Report and appointed M/s GKV & Associates as Secretarial Auditors for a five-year term. All key committees (Audit, Stakeholder Relationship, and Nomination & Remuneration) were reconstituted with the new directors.

Likely market impact

Shareholders should note the book closure dates (Sept 24–30) and the upcoming AGM on Sept 30. The simultaneous exit of two independent directors and entry of two new ones signals a board refresh, which is routine but worth monitoring for governance continuity ahead of the AGM vote.