Please find attached declaration about non-applicability of Regulation 57(5) for QE March 31, 2025
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GCM Securities Ltd has submitted a declaration to BSE stating that Regulation 57(5) of the SEBI Listing Obligations and Disclosure Requirements is not applicable to the company for the quarter ended March 31, 2025. Regulation 57(5) requires companies with listed non-convertible debt securities (NCDs) to furnish a debenture trustee certificate confirming asset cover, timely payment of interest, and principal repayment. By declaring non-applicability, the company is essentially confirming it does not have any listed non-convertible debt securities outstanding. This is a routine compliance disclosure rather than any new business or financial event.
This is a standard regulatory compliance filing with no material impact on the company's financials or shareholders. It simply confirms the company has no listed NCDs requiring a debenture trustee certificate.