Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Geojit Financial Services Limited
Meeting Details
The company is conducting a postal ballot process without a physical meeting. The remote e-voting period commences on Friday, November 13, 2026 (9:00 AM IST) and ends on Saturday, December 12, 2026 (5:00 PM IST). The results will be declared on or before Tuesday, December 15, 2026.
Proposed Resolutions and Implications
Item 1: Special Resolution - Change in Designation of Mr. C J George
Proposes changing Mr. C J George (DIN: 00003132) from Chairman & Managing Director to Chairman & Whole-time Director (Designated as Executive Chairman) effective October 1, 2026 to November 23, 2029. Includes approval for continuation despite attaining age of 70 during tenure. Annual CTC of ₹1,56,73,312 with perquisites including furnished accommodation, insurance coverage, club fees, company car, and commission of 1.25% of net profits.
Item 2: Special Resolution - Appointment of Mr. Jones George as Managing Director
Seeks appointment of Mr. Jones George (DIN: 06674021) as Managing Director for 5 years from October 1, 2026 to September 30, 2031. Annual CTC of ₹1,02,12,953 with perquisites including company car, travel insurance, club memberships, and commission of 0.50% of PBT.
Item 3: Special Resolution - Re-appointment of Prof. Sebastian Luckose Morris
Proposes re-appointment of Prof. Sebastian Luckose Morris (DIN: 00037228) as Non-Executive Independent Director for a second consecutive term of 45 months from November 16, 2026 to August 15, 2030.
Item 4: Ordinary Resolution - Appointment of Mr. Snehil Kumar Singh IAS
Seeks appointment of Mr. Snehil Kumar Singh IAS (DIN: 09584658) as Non-Executive Nominee Director representing Kerala State Industrial Development Corporation Limited, effective September 30, 2026.
Voting Process and Methods
The company has engaged National Securities Depository Limited (NSDL) to provide remote e-voting facility. Members can vote electronically through multiple methods:
- Individual shareholders with demat accounts can vote through their DP accounts using OTP-based login
- Physical shareholders and non-individual shareholders can vote through NSDL's e-voting website using user ID and password
- Voting rights are based on shareholding as of November 6, 2026 (cut-off date)
Key Personnel Appointments
The Board has appointed:
- Mr. Chenayappillil John George (Executive Chairman) and Mr. Liju K Johnson (Company Secretary) as persons responsible for the entire Postal Ballot process
- Mr. Satheesh Kumar N, Practicing Company Secretary (ICSI membership No: ACS 16543), as Scrutinizer to conduct the voting process fairly and transparently
Compliance with Laws and Regulations
The notice confirms compliance with:
- Section 110 of the Companies Act, 2013
- Rule 22 of the Companies (Management and Administration) Rules, 2014
- SEBI Circulars and MCA General Circulars including 14/2020, 17/2020, and 03/2025
- Regulation 44 of SEBI LODR Regulations, 2015
- Secretarial Standards on General Meetings (SS-2)
Additional Information
The explanatory statement provides detailed background on each resolution, including director profiles, experience, shareholdings, and terms of appointment. The notice is being sent only by electronic mode to members registered as of November 6, 2026, and is available on the company's website (www.geojit.com) and stock exchange websites.