The outcome of evoting and voting held at the 32nd AGM of the Company along with the Scutinizer''s Report
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Gujarat Credit Corporation Ltd held its 32nd AGM on September 30, 2025, at its registered office in Ahmedabad, with 30 shareholders and 4 directors/KMP present. All 6 resolutions were passed with overwhelming majority (over 99.9% in favour). The resolutions covered: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025; (2) reappointment of CEO-MD Mr. Amam S Shah (DIN: 01617245) via rotation; (3) appointment of a Secretarial Auditor; (4 & 5) regularization of two additional directors — Mr. Vipul R Patel and Mr. Apurva R Hathi — as Non-executive Independent Directors; and (6) reappointment of Mr. Priyank Jhaveri as Non-executive Independent Director. Voting turnout was very low at around 3.96% of outstanding shares (2.5 crore total shares), with promoters (holding 79.03 lakh shares, ~31.6%) voting 100% in favour. Among the small public non-institutional participation, only 601 votes were cast against every resolution.
This is a routine AGM outcome disclosure with no material impact on shareholders or the stock price. All resolutions were standard governance items, and the results confirm continued board continuity and financial statement approval. The extremely low voting turnout (~4% of share base) is worth noting but typical for a small-cap company.