Geetanjali Credit sets Nov 18 as Record Date for ₹88.38 Cr Rights Issue

Geetanjali Credit and Capital Ltd has announced November 18, 2026, as the record date for its upcoming rights issue. The company plans to raise up to ₹88.38 crore by issuing 7,07,07,200 partly paid-up equity shares at a price of ₹12.50 per share. This rights issue aims to raise funds by offering 16 rights equity shares for every 1 fully paid-up equity share held on the record date. The total number of outstanding equity shares will increase from 44,19,200 to 7,51,26,400 post-issue, assuming full subscription.