Rights Issue
Geetanjali Credit Approves Rights Issue Terms
Geetanjali Credit and Capital approved payment terms and schedule for its rights issue of partly paid equity shares worth up to ₹90 crore.
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Finance
Non Banking Financial Company (NBFC)
9 Cr
Low Risk
70.3
16.8
0.4
2.9
22.41
4.11
Sales CAGR
Profit CAGR
ROE
ROCE
Investor Presentation
Q1 FY27
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Q3 FY26
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Q1 FY26
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Q4 FY25
Rights Issue
Geetanjali Credit and Capital approved payment terms and schedule for its rights issue of partly paid equity shares worth up to ₹90 crore.
Rights Issue
Geetanjali Credit approved a rights issue of 7.07 crore partly paid-up shares at ₹12.50 each. The record date is November 18, 2026, with a 16:1 entitlement ratio.
Shareholding Pattern
Geetanjali Credit and Capital received a Regulation 29(2) disclosure from Leelamma T.J. regarding open-market share transactions dated 6 November 2026.
Board Meeting
Geetanjali Credit and Capital will hold a Rights Issue Committee meeting on November 12, 2026, to consider issue terms, pricing, entitlement ratio and record date.
Change in Directors/KMP
Geetanjali Credit and Capital approved a postal ballot to seek shareholder approval for appointing Nirej V. Paul and Akhil Babu as non-executive non-independent directors.
AGM/EGM Notice
Geetanjali Credit and Capital reported that all three ordinary resolutions at its 6 November 2026 EGM were passed with the requisite majority.
Geetanjali Credit and Capital Ltd (GEETANJ) is currently trading at 20.28 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Geetanjali Credit And Capital Limited is a regional non-banking finance company incorporated in 1990 and renamed in 2002, providing lending and related financial services to retail and corporate customers. The company emphasizes local-market knowledge, a distribution network and operational efficiency under new management, with a stated long-term goal of expanding and diversifying its financial product portfolio. The latest unaudited quarter and auditor review reveal material governance and financial reporting concerns that materially cloud earnings visibility. Auditors flagged long-outstanding loans and advances of Rs. 275.67 lakhs without confirmations, the company’s failure to follow RBI NPA provisioning norms, and the recording of interest income where provisioning may be required, increasing uncertainty over reported profits. A significant unresolved income tax demand of Rs. 529.75 lakhs was disclosed, while auditors were unable to verify the existence and valuation of investments due to missing records and physical verification statements. These items create contingent liabilities and weaken balance sheet transparency, potentially triggering regulatory scrutiny, higher funding costs and pressure on capital adequacy for growth plans. Management highlights improved operating efficiencies, a strong distribution network and an aspiration to scale retail and corporate lending; the board approved results on July 24, 2026. However, the articulated strategic intent is undermined by auditors’ emphasis on documentation gaps, lack of borrower confirmations and non-compliance with provisioning norms, which could impede credibility with lenders and investors. Near-term opportunity exists to remediate asset quality, align accounting with RBI norms, resolve tax disputes and attract lower-cost funding or strategic partners. Execution risk remains high: successful remediation could enable modest growth in loan book and profitability, while failure to address the highlighted issues risks restatements, enforcement actions, and restricted access to institutional capital.
Over the past 52 weeks, Geetanjali Credit and Capital Ltd has traded between a low of ₹4.11 and a high of ₹22.41. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Geetanjali Credit and Capital Ltd has a market capitalization of approximately 9.14. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Geetanjali Credit and Capital Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 70.31 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 9.14 Cr, Geetanjali Credit and Capital Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Geetanjali Credit and Capital Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Geetanjali Credit and Capital Ltd is 70.31. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Geetanjali Credit has fixed the rights-share price at Rs 12.50 per share. This includes Rs 10 of face value and Rs 2.50 of premium.
Geetanjali Credit and Capital has set the price at ₹12.50 for each partly paid-up Rights Equity Share. This comprises a ₹10 face value and a ₹2.50 premium per share.
Geetanjali Credit and Capital’s Rights Issue Committee is scheduled to finalise the price, entitlement ratio and record date for the proposed rights issue. These details were not available in the supplied announcement.
For the quarter ended June 2025, the company reported total revenue of 0.00 crore and net income of -0.01 crore in the quarterly table, indicating a loss.