Gujarat Credit Corporation Ltd Forfeits 2.2 Crore Partly Paid-Up Equity Shares

Gujarat Credit Corporation Ltd has approved the forfeiture of 2,20,00,000 partly paid-up equity shares of face value 210/- each, on which First and Final Call amounts have not been received. This decision comes after the company's board meeting held on Saturday, 07° February, 2026. The forfeiture is subject to approval from the Bombay Stock Exchange (BSE). The company had given two windows for shareholders to pay the remaining balance amount, but some failed to do so. The first and final call window was open from 18th December, 2025 to 31st December, 2025, and the final reminder cum forfeiture notice was open from 08th January, 2026 to 22nd January, 2026.