Gujarat Credit Corporation logo

Gujarat Credit Corporation MD, chairman, board of directors and AGM

BSE: 511441FinanceSmall Cap

Last close ₹18.89down ₹0.98 (4.93%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹19.87.

52-week range of traded prices to 23 Oct 2026
₹18.89Low, 23 Oct 2026₹33.49High, 8 Dec 2025
Market cap
₹5.67 Cr4,810th largest listed
P/E
Earlier quarters restated in the year
P/B
0.5
Dividend yield
Nonein the last 12 months
ROCE
−1.2%
Debt to equity
1.64
Volume, BSE
86

Gujarat Credit Corporation board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.

  • Chairperson and managing directorAMAM SHREYANS SHAH

6 directors3 independent1 executive2 non-executive

  • AMAM SHREYANS SHAH · Chairperson and managing directorExecutive · joined Nov 1993 · reappointed Nov 2021 · 3 listed boards
  • BINOTI JATINBHAI SHAHNon-executive · joined Mar 2015 · 2 listed boards · 1 committee seat
  • BAHUBALI SHANTILAL SHAHNon-executive · joined Nov 1993 · 2 listed boards
  • PRIYANK SHRIRAJBHAI JHAVERIIndependent · joined Aug 2020 · reappointed Sep 2025 · 71 months as independent · 2 listed boards · 2 as independent
  • VIPUL RAMANBHAI PATELIndependent · joined Sep 2025 · 10 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • APURVA HATHIIndependent · joined Sep 2025 · 10 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • Vipul H Raja, left 4 Sep 2025: Others
  • LA Patel, left 4 Sep 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 28 May 20266 of 6 present3 independent · 56 days in between
    • 1 Apr 20266 of 6 present3 independent · 49 days in between
    • 10 Feb 20266 of 6 present3 independent · 2 days in between
    • 7 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair PRIYANK SHRIRAJBHAI JHAVERI

    VIPUL RAMANBHAI PATEL, APURVA HATHI

    • 28 May 20263 of 3 present3 independent · 56 days in between
    • 1 Apr 20263 of 3 present3 independent · 49 days in between
    • 10 Feb 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair PRIYANK SHRIRAJBHAI JHAVERI

    VIPUL RAMANBHAI PATEL, APURVA HATHI

    • 28 May 20263 of 3 present3 independent · 106 days in between
    • 10 Feb 20263 of 3 present3 independent
  • Stakeholders Relationship Committee

    Chair PRIYANK SHRIRAJBHAI JHAVERI

    VIPUL RAMANBHAI PATEL, APURVA HATHI

    • 28 May 20263 of 3 present3 independent · 106 days in between
    • 10 Feb 20263 of 3 present3 independent · 2 days in between
    • 7 Feb 20263 of 3 present3 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/S. SORAB S ENGINEER & COPeer-review certificate valid to Dec 2028
1 earlier auditor
  • Sorab S Engineering & Co.Named in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Gujarat Credit Corporation AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Gujarat Credit Corporation share news and announcements

Annual general meeting, 30 Sep 2026

8,558 shareholders on the register on 23 Sep 2026; present: 3 promoters and 28 others; votes counted by Mukesh Jiwnani / MUKESH J & ASSOCIATES.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS (STANDALONE AND CONSOLIDATED BASIS) OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREONMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.06%

    Turnout: all 32.47% · promoters 79.76% · other public 8.72%

  2. TO RE-APPOINT BINOTI SHAH JATINBHAI (DIN: 07161243), WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HERSELF FOR REAPPOINTMENT
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.06%

    Turnout: all 29.14% · promoters 69.79% · other public 8.72%

  3. TO APPROVE THE CONTINUATION OF DIRECTORSHIP OF MR. BAHUBALI SHANTILAL SHAH (DIN: 00347465) AS A NON-EXECUTIVE DIRECTOR OF THE COMPANY POST ATTAINING THE AGE OF 75 YEARS;
    SpecialPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · other public 0.06%

    Turnout: all 5.80% · promoters 0.00% · other public 8.72%

  4. TO CONSIDER AND APPROVE RE-APPOINTMENT OF MR. AMAM SHREYANS SHAH (DIN: 01617245) AS THE MANAGING DIRECTOR OF THE COMPANY FOR A PERIOD OF FIVE YEARS
    OrdinaryPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · other public 0.06%

    Turnout: all 5.80% · promoters 0.00% · other public 8.72%

  5. APPROVAL FOR RELATED PARTY TRANSACTIONS WITH SERVASHANTI PROPERTIES PRIVATE LIMITED
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.06%

    Turnout: all 29.06% · promoters 69.79% · other public 8.61%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeINCOME TAX DEPARTMENTSince 2 Apr 2026
    DEMAND NOTICE UNDER SECTION 156 OF THE INCOME TAX ACT, 1961 WAS ISSUED ON 29TH JUNE, 2026 AGAINST THE COMPANY FOR AN AMOUNT OF INR 89,00,892/-

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.