Geetanjali Credit to Raise ₹90 Cr via Rights Issue

Geetanjali Credit and Capital Ltd announced its board has approved a rights issue to raise up to ₹90 Crore. The funds will be raised through the issuance of equity shares with a face value of ₹10 each. The company also approved an increase in its authorized share capital from ₹10 Crore to ₹100 Crore. Additionally, the board approved the draft notice for the 36th Annual General Meeting to be held on August 21, 2026, and approved the reconstitution of various board committees. Mr. Mukesh Gupta resigned as Non-Executive Independent Director.