Outcome Of Board Meeting held as on 06th February 2026
Awaiting price reaction for this filing.
Geetanjali Credit and Capital Ltd, registered as an NBFC, reported nil revenue from operations for Q3 FY26 (Oct–Dec 2025). Total expenses stood at Rs. 1.59 lakhs, resulting in a net loss of Rs. 1.59 lakhs for the quarter and Rs. 4.31 lakhs for the nine months ended December 31, 2025 (basic EPS of -Rs. 0.10). The auditor (S K Bhavsar & Co.) issued a Limited Review Report with a prominent Emphasis of Matter flagging several serious concerns: Rs. 256.27 lakhs in outstanding loans and advances with no balance confirmations and no interest income recognised, non-compliance with RBI NPA provisioning norms, a Rs. 529.75 lakhs outstanding income tax demand, inability to verify the existence/correctness of investments, and the absence of a Company Secretary.
This is a deeply negative disclosure for shareholders — the company generated zero operating income, posted widening losses, and faces multiple unresolved audit red flags around asset quality, regulatory (RBI NPA) non-compliance, and tax liabilities. Investors should view this as a high-risk, potential going-concern situation with possible regulatory scrutiny ahead; the stock is likely to face selling pressure and renewed governance concerns.