
AGM/EGM2 Nov 2026, 07:01 pm
Shareholders Requisition EGM for Director Appointments
AI Summary
Geetanjali Credit and Capital Ltd has received a letter from shareholders Leelamma Thenumgal Joseph (holding 20% equity) and Jaya Paul requesting an Extraordinary General Meeting (EGM). The purpose of the EGM is to appoint Nirej V Paul and Adv. Akhil Babu as Non-Executive, Non-Independent Directors. The company is reviewing the request and will take necessary legal actions. Deposits of ₹1,00,000 for each candidate have been submitted as per Section 160 of the Companies Act, 2013.
Key Highlights
- Shareholders requisitioning an EGM for director appointments.
- Two new Non-Executive, Non-Independent Directors proposed.
- EGM scheduled for November 6, 2026.
- Company is examining the request and will act as per law.
- Deposits of ₹1,00,000 submitted for each nominee.
Price Impact
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