Announced Tue, 23 Sept · 12:38 IST

Please find attached AGM Proceedings of 36th AGM held today at 11.00 AM

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Global Capital Markets Ltd held its 36th AGM on September 23, 2025 via video conferencing, running from 11:00 AM to 11:25 AM (just 25 minutes). The meeting was chaired by Mr. I. C. Baid (Chairman & Managing Director), with 62 members present. Four resolutions were tabled: (1) adoption of audited financial statements for FY ended March 31, 2025, (2) re-appointment of Mr. I. C. Baid who retires by rotation, (3) appointment of Ms. Akshaya Suved Chavan as Independent Director for 5 years, and (4) appointment of M/s Kriti Daga as Secretarial Auditors. Remote e-voting was open from September 20-22, 2025 via NSDL, with Mrs. Kriti Daga appointed as Scrutinizer. Notably, 9 members registered as speakers but none attended, and voting results are yet to be declared and will be shared with exchanges later.

Likely market impact

This was a routine, short procedural AGM with no contentious issues raised. Shareholders should watch for the forthcoming voting results on the four resolutions, particularly the appointment of a new Independent Director and the re-appointment of the Chairman, both of which signal governance continuity and modest board refreshment.