GCM Securities Ltd

NCS obligations status

• No outstanding non-convertible securities or payments due in the upcoming quarter.
• There are no unpaid obligations from previous periods.

GCM Securities Ltd: Trading Window closure from October 1, 2026; ends after 48 hours from the date of declaration of UnAudited Financial Results for the 2nd Quarter ended 30 September 2026 (FY ended 31 March 2027).

AGM Details

• AGM held via Video Conferencing / Other Audio Visual Means.
• Remote e-voting: 22–24 Sep 2026, 9:00 AM–5:00 PM.
• AGM-e-voting during AGM allowed up to 12:35 PM on 24 Sep 2026.
• Notice of AGM issued on 3 Sep 2026.
• Scrutinizer Kriti Daga; report due 25 Sep 2026.

Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Standalone Financial Statements for year ended 31 Mar 2026.
• Resolution 2 (Ordinary): Re-appointment of Inder Chand Baid, retiring by rotation.
• Resolution 3 (Special): Re-appointment of Inder Chand Baid as Chairman (Executive Director) for 5 years.
• Resolution 4 (Special): Re-appointment of Manish Baid as Managing Director for 5 years.

Voting Results

• Resolution 1: Passed; 100% in favour, 13 against.
• Resolution 2: Passed; 100% in favour, 13 against.
• Resolution 3: Passed; 100% in favour, 13 against.
• Resolution 4: Passed; 100% in favour, 13 against.

Dividend

• No dividend proposed or declared.

Director Changes

• Inder Chand Baid re-appointed as Chairman (Executive Director) for 5 years.
• Manish Baid re-appointed as Managing Director for 5 years.

AGM Details

• Date: 25 September 2026; Mode: VC/OAVM; Cut-off date: 18 September 2026.
• Shareholders on record date: 32,001.
• Remote e-voting window: 22–24 September 2026.
• Attendance via VC/OAVM; no physical attendance.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of audited financial statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): Re-appointment of Inder Chand Baid, retiring by rotation.
• Resolution 3 (Special): Re-appointment of Inder Chand Baid as Chairman (Executive Director) for 5 years.
• Resolution 4 (Special): Re-appointment of Manish Baid as Managing Director for 5 years.

Voting Results

• Resolution 1 passed; For 71,975,827 votes; Against 13.
• Resolution 2 passed; For 6,725,827 votes; Against 13.
• Resolution 3 passed; For 6,725,827 votes; Against 13.
• Resolution 4 passed; For 6,725,827 votes; Against 13.

Director Changes

• Inder Chand Baid re-appointed as Director (retiring by rotation).
• Inder Chand Baid re-appointed as Chairman (Executive Director) for 5 years.
• Manish Baid re-appointed as Managing Director for 5 years.

AGM Details

• 31st AGM held September 25, 2026 at 11:30 AM via Video Conferencing.
• Meeting concluded at 12:05 PM.
• 61 members present including promoter group.

Resolutions Presented

• Ordinary: Adoption of audited standalone financial statements and directors’ & auditors’ reports.
• Ordinary: Re-appointment of Inder Chand Baid on retirement by rotation.
• Special: Re-appointment of Inder Chand Baid as Chairman (Executive Director) for 5 years.
• Special: Re-appointment of Manish Baid as Managing Director for 5 years.

Voting Status

• Voting results to be declared after scrutiny; results to be intimated to stock exchange.

Directors / Management Changes

• Inder Chand Baid re-appointed as Director and Chairman (Executive Director) for 5 years.
• Manish Baid re-appointed as Managing Director for 5 years.

Other Governance Details

• Kriti Daga appointed Scrutinizer for remote and at-AGM voting.

Financials

• Total revenue ₹55.53 lakh; up from ₹39.96 lakh.
• PAT ₹-118.50 lakh; prior year ₹-265.94 lakh.
• PBT ₹-122.93 lakh; prior year ₹-268.36 lakh.
• EPS ₹-0.06; basic and diluted.
• Dividend declared: none for FY2025-26.

Cash flow

• Net cash from operating activities ₹37.54 lakh.
• Net cash from investing activities ₹38.92 lakh.
• Net cash used in financing activities ₹-82.32 lakh.
• Net decrease in cash ₹5.85 lakh; closing ₹100.91 lakh.

Balance sheet highlights

• Equity capital ₹1,899.60 lakh.
• Total equity ₹1,001.72 lakh; reserves ₹-897.88 lakh.
• Total assets ₹2,222.96 lakh; end-year borrowings ₹616.48 lakh.

Debt and capital

• Long-term borrowings ₹604.01 lakh; short-term ₹12.42 lakh.
• Total borrowings ₹616.48 lakh at year end.
• No deposits raised.

Dividend policy

• No dividend for the year.
• Last dividend paid in 2013-2014 ₹0.40 per share.

Governance & board

• Board size six; executive chairman and MD; three independent directors.
• Secretarial auditor Kriti Daga appointed Feb 2025 for five years.
• AGM items include reappointment of Inder Chand Baid as Chairman and Manish Baid as MD for five years.

Remuneration & related party

• MD remuneration ₹12.78 lakh; CFO ₹9.00 lakh; Company Secretary ₹2.10 lakh.
• Aggregate related party remuneration to KMP ₹23.88 lakh.

Subsidiaries & associates

• Associates: GCM Commodity & Derivatives Limited; GCM Capital Advisors Limited.
• Group investments/disclosures; no new material acquisitions.

Outlook & risk

• Industry backdrop: digitalization expanding financial access.
• Risks: market, liquidity, credit; SEBI regulatory shifts; intraday derivatives oversight.
• Company aims to improve operational efficiency and diversify revenue.

Book closure details

• Book closure: 19 September 2026 to 25 September 2026 (inclusive) for AGM.
• Purpose: Annual General Meeting.
• Security: equity shares (Scrip Code 535431, ISIN INE168O01026).

Board decisions

• Approved and adopted Director's Report for FY 2025-26 and annexures.
• Recommended re-appointment of Inder Chand Baid (DIN: 00235263) who retires by rotation for AGM.
• Recommended re-appointment of Inder Chand Baid as Chairman for a 5-year term.
• Recommended re-appointment of Manish Baid (DIN: 00239347) as Managing Director for 5-year term.
• Fixed Book Closure period for 31st AGM.
• Appointed Kriti Daga as Scrutinizer for E-voting and OAVM.
• Approved Notice of 31st AGM; scheduled for 25 September 2026 at 11:30 AM IST via VC/OAVM.

Meeting Details

• Date: 3 September 2026; Venue: Registered Office.

Key Agenda Items

• Adoption of Directors Report for FY 2025-26 and AGM Notice.
• Re-appointment of Inder Chand Baid as Director, retiring by rotation, and eligible for re-appointment.
• Re-appointment of Inder Chand Baid as Chairman for a 5-year term.
• Re-appointment of Manish Baid as Managing Director for a 5-year term.
• Appointment of Kriti Daga as Secretarial Auditor for five years, subject to member approval.
• Fix day, date, time, venue, and calendar of events for the 31st AGM.
• Fix dates for closing Register of Members and Transfer Books for AGM.
• Appoint Scrutinizer for the 31st AGM.