Geetanjali Credit and Capital Ltd Board Approves Unaudited Q2 FY27 Results

Geetanjali Credit and Capital Ltd announced the outcome of its Board Meeting held on October 29, 2026. The board approved the unaudited financial results for the quarter ended September 30, 2026, along with the limited review report from the auditor. The auditor's report highlighted concerns regarding the recoverability of loans and advances amounting to ₹295.07 Lakhs, as the company has not followed NPA norms and has not provided balance confirmations. Additionally, the auditor noted an outstanding income tax demand of ₹529.75 Lakhs and expressed inability to verify the correctness and existence of investments due to a lack of sufficient documentation. The meeting commenced at 4:30 PM and concluded at 5:05 PM.