Geojit Financial Services: Promoter Group Reclassification Approved

Geojit Financial Services Ltd announced board approval for the reclassification of certain promoter group members to the public category. This reclassification, representing a total of 0.0745% of the company's equity, is subject to stock exchange, shareholder, and regulatory approvals. The board also approved un-audited financial results for the quarter ended June 30, 2026. Additionally, significant management changes were announced: Mr. C J George will transition from Chairman and Managing Director to Executive Chairman, and Mr. Jones George will become the new Managing Director, effective October 1, 2026. Mr. Arun K Vijayan IAS was appointed as a Nominee Director (KSIDC).