Board Meeting24 Jul 2026, 05:11 pm
Geetanjali Credit and Capital Ltd Board Meeting for Q1 FY27 Results
AI Summary
Geetanjali Credit and Capital Ltd held a board meeting on July 24, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The company submitted the results along with a limited review report. The auditor's report highlighted concerns regarding unconfirmed loans and advances totaling ₹275.67 Lakhs, potential non-compliance with NPA norms, an outstanding income tax demand of ₹529.75 Lakhs, and issues verifying investments due to lack of documentation.
Key Highlights
- Board meeting held on July 24, 2026, to approve Q1 FY27 unaudited results.
- Auditor noted unconfirmed loans and advances of ₹275.67 Lakhs.
- Concerns raised over non-compliance with NPA norms and tax demand.
- Verification of investments was limited due to insufficient documentation.
Price Impact
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