Geetanjali Credit and Capital's shareholders did not approve the resolutions for director appointments/continuation at the 36th Annual General Meeting.

This led to the deemed resignation of all previous directors.

A new board has been formed, comprising Avinash Verma and Vishnuji Ravaji Thakor as Additional Executive Directors, and Dhaval Jagdishbhai Vaghela as a Non-Executive Non-Independent Director.

This significant development marks a complete change in the company's board leadership following shareholder disapproval.