GCM Commodity & Derivatives Ltd. has submitted a regulatory filing to BSE Limited confirming that certain SEBI disclosure requirements do not apply to the company for the first quarter of financial year 2027.

Regulatory Compliance Notice

The company filed a notice on March 25, 2026, stating the non-applicability of certificate requirements under Regulation 57(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 for the quarter ended June 30, 2026.

Non-Convertible Securities Status

GCM Commodity & Derivatives confirmed that it has not issued any non-convertible securities, which makes the regulation's requirements inapplicable to the company. Regulation 57(4) mandates companies to provide details of payment schedules for interest, dividend, or principal obligations on non-convertible securities.

The company also confirmed that there were no unpaid interest, dividend, or principal obligations in relation to non-convertible securities during the specified period.

Management Authorization

The regulatory notice was digitally signed and submitted by Amalesh Sadhu, Managing Director of the company (DIN: 00235198). The filing ensures compliance with SEBI's disclosure requirements while clarifying the company's exemption status for this particular regulation.

GCM Commodity & Derivatives Limited, a company operating in the finance and investments sector, has reported a substantial net loss for the half-year ended September 30, 2025. The unaudited financial results, released on November 10, 2025, reveal a challenging period for the company.

Financial Performance Highlights

Key Observations

1. Revenue Decline: The company's total income decreased from ₹75.00 lakhs in H1 FY25 to ₹41.69 lakhs in H1 FY26, marking a 44.4% reduction.

2. Expense Surge: Total expenses increased by 445.3%, rising from ₹43.65 lakhs to ₹238.03 lakhs. This surge was primarily driven by:

   • A loss of ₹147.08 lakhs on trading/investments in the stock market
   • Other expenses of ₹89.00 lakhs, up from ₹24.61 lakhs in the previous year

3. Profitability Impact: The company swung from a profit of ₹31.34 lakhs in H1 FY25 to a loss of ₹196.34 lakhs in H1 FY26.

4. Earnings Per Share: The EPS turned negative, dropping from ₹0.42 to ₹(2.64).

5. Balance Sheet Position: As of September 30, 2025, the company's equity share capital stood at ₹742.70 lakhs, with reserves and surplus showing a deficit of ₹218.51 lakhs.

Other Notable Points

• The company's inventory increased from ₹81.07 lakhs (as of March 31, 2025) to ₹90.77 lakhs.
• Trade receivables rose from ₹304.57 lakhs to ₹496.34 lakhs.
• Cash and cash equivalents decreased from ₹111.51 lakhs to ₹46.85 lakhs.

The auditors have noted that balances in loans, trade receivables, and other financial liabilities are subject to confirmation and reconciliation.

GCM Commodity & Derivatives Limited operates within a single business segment of "Finance & Investments" as per Indian Accounting Standard (IndAS) 108. The company's performance reflects the volatility and challenges in the financial markets during this period.

Investors and stakeholders should note that these results are unaudited and subject to limited review by the company's statutory auditors.