Company Update

Geetanjali Credit and Capital Limited has announced a board meeting to discuss its non-applicability of Regulation 24(A) concerning the Annual Secretarial Compliance Report for the year ended March 31, 2025. The company qualifies for exemption under Regulation 15(2) due to its paid-up equity share capital of ₹4.42 crore and a net worth of ₹3.13 crore, both below the thresholds set by SEBI.

As a result, it will not submit the compliance report this year but will adhere to the regulation within six months of its applicability.

This decision may signal cost-saving measures for the company, likely viewed positively by investors focusing on operational efficiency.