StockWatch
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Non Banking Financial Company (NBFC)
Management Change10 Sept 2026, 06:40 pm

Geetanjali Credit Appoints Shreedhar Godbole as MD & CFO; Avinash Verma Resigns

AI Summary

Geetanjali Credit and Capital Ltd announced significant management changes following a Board of Directors meeting on September 10, 2026. Mr. Shreedhar Vasant Godbole has been appointed as the new Managing Director and Chief Financial Officer (CFO) for a term of five years, subject to shareholder approval. Mr. Godbole brings over 30 years of experience in financial education and trading. Concurrently, Mr. Avinash Verma has resigned from his position as Additional Executive Director due to pre-occupancy. The company also approved the reconstitution of various Board Committees.

Key Highlights

  • Shreedhar Godbole appointed as MD & CFO.
  • Appointment is for five years, subject to shareholder approval.
  • Avinash Verma resigns as Additional Executive Director.
  • Board committees have been reconstituted.
  • Management changes aim to strengthen financial leadership.