Global Capital Markets Ltd

NCS obligations status

• No non-convertible securities outstanding with payments due in the upcoming quarter.
• There were no unpaid interest/dividend/principal obligations related to NCS.

Global Capital Markets Limited — Trading Window closure commences October 1, 2026 and ends 48 hours after declaration of Un-Audited Financial Results for the 2nd Quarter ended September 30, 2026 (FY ended March 31, 2027).

AGM Details

• AGM conducted via VC/OAVM.
• Remote e-voting ran Sep 22–24, 2026; voting during AGM allowed until 1:45 PM.

Resolutions and outcomes

• Ordinary resolution: adoption of standalone financial statements; approved.
• Ordinary resolution: re-appointment of director by rotation; approved.
• All resolutions approved per consolidated Scrutinizer Report.
• Voting results indicated overwhelming support for both resolutions.

AGM Details

• Date and time: 25 September 2026, 12:45 PM.
• Mode: Video Conferencing / OAVM; no physical attendance.
• Attendance: 58 members present via VC.
• Cut-off date for voting: 18 September 2026.
• Remote e-voting window: 22–24 September 2026.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of audited financial statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): Re-appointment of Manish Baid, retiring by rotation.

Voting Results

• Resolution 1 passed; 99.99% FOR, 0.01% AGAINST.
• Resolution 2 passed; 99.99% FOR, 0.01% AGAINST.

Dividend

• Dividend: Not proposed or declared.

Director Changes

• Director Manish Baid re-appointed; retires by rotation.

AGM Details

• Date, time, mode: 25 September 2026, 12:45–1:15 PM, via Video Conferencing.
• Attendance: 58 members present; meeting conducted through VC.

Key Resolutions

• Adoption of Audited Standalone Financial Statements and reports.
• Re-appointment of Director by rotation: Manish Baid eligible for re-appointment.

Voting Status

• Voting results to be declared after counting; results to stock exchanges.

Book closure details

• Book closure: 19 Sep 2026 to 25 Sep 2026 (inclusive).
• Purpose: Annual General Meeting.
• Scrip: BSE 530263, CSE 10017056; ISIN INE062C01042.

Financial snapshot

• Revenue from operations: ₹169.23 lakh for FY2025-26.
• Total income: ₹170.87 lakh for the year.
• Net profit after tax: ₹-13.74 lakh.
• Profit before tax: ₹-33.86 lakh.
• Earnings per share: ₹-0.00.
• Dividend: not proposed for the year.
• Net cash from operating activities: ₹-84.59 lakh.
• Closing cash and cash equivalents: ₹54.15 lakh.

Business & segments

• NBFC focused on finance and investments; trading in shares and commodities.
• Revenue driven by loan interest and trading gains.
• Single operating segment; no geographic breakdown disclosed.
• Market risk monitored; no foreign currency transactions.

Capital structure & reserves

• Equity share capital: ₹3,982.96 lakh.
• Reserves and surplus: ₹457.12 lakh.
• Total assets: ₹5,655.68 lakh.
• Short-term borrowings: ₹3.80 lakh; no long-term borrowings.
• Cash and cash equivalents at year end: ₹54.15 lakh.

Cash flow overview

• Net cash from operating activities: ₹-84.59 lakh.
• Net cash from investing activities: ₹90.50 lakh.
• Net cash from financing activities: ₹-0.47 lakh.
• Net increase in cash and cash equivalents: ₹5.44 lakh.
• Opening cash balance: ₹48.72 lakh; Closing: ₹54.15 lakh.

Related party & governance

• Remuneration to Directors/KMP: Baid 12.80; Gathani 5.98; Mohan 1.00; Sureka 1.28.
• Related party balances with group firms: loans and investments noted.
• Loans to group firms include GCM Securities ₹225.00; Matarani ₹328.12; Cadillac ₹138.91.
• Group investments include GCM Securities ₹151.33; GC Capital Advisors ₹0.16; GC Derivatives ₹25.38.
• Audit Committee oversight; omnibus approvals for related party transactions.

Board & governance changes

• Akshaya Suved Chavan appointed Independent Director 19 Aug 2025.
• Laxmi Narayan Sharma and Mahavir Prasad Saraswat resigned in 2025.
• Audit Committee re-constituted; Chavan appointed Chair; Saraswat resigned Aug 19, 2025.
• Nomin., Remun. Committee re-constituted; Adak joined; Saraswat resigned Aug 19, 2025.

Audit, controls & compliance

• Auditors: Maheshwari & Co; no qualifications.
• Secretarial audit MR-3 by Kriti Daga; no qualifications.
• Internal controls: adequate and effective; no material weaknesses noted.
• RBI compliance in place; no going concern issues.

Outlook & risks

• NBFC sector growth remains positive; regulatory tightening a key risk.
• Risk management framework reviewed; monitors credit, liquidity, and market risks.
• Management expects to strengthen capital efficiency and diversify funding.

AGM & investor notices

• 37th AGM on 25 Sept 2026 via VC/OAVM.
• Book closure 19-25 Sept 2026.
• Notice and annual report on company website.
• Dividend for the year: none declared.

Key governance decisions

• Adopted FY2025-26 Director's Report with annexures.
• Recommended re-appointment of Mr. Manish Baid at the 37th AGM.
• Fixed book-closure period for 37th AGM.
• Appointed Kriti Daga as Scrutinizer for E-voting at 37th AGM via OAVM.
• Approved Notice of 37th AGM for 25 September 2026 at 12:45 PM via VC/OAVM.

Meeting Details

• Date: 3 September 2026 at the Registered Office; time not disclosed.

Key Agenda Items

• Adopt Directors Report for FY 2025-26 and AGM notice for 37th AGM.
• Re-appointment of Mr. Manish Baid as Director, retiring by rotation.
• Re-appointment of Mr. Inder Chand Baid as Chairman & MD for 5 years.
• Appointment of Kriti Daga as Secretarial Auditor for 5 years, subject to AGM approval.
• Fix AGM date, time, mode, venue and calendar of events.
• Fix dates for closing of Register of Members and Transfer Books.
• Appoint Scrutinizer for 37th AGM.
• Any other item with the permission of Chairman.

Other Notes