GCM Commodity & Derivatives Ltd held its 21st Annual General Meeting (AGM) on September 29, 2026, via video conferencing. The proceedings focused on the approval of standalone financial statements for FY26 and the reappointment of key leadership personnel.

The meeting commenced at 12:30 pm and concluded at 12:50 pm. Mr. Amalesh Sadhu, Chairman and Managing Director, occupied the chair. A total of six members, including those from the promoter group, attended the virtual session, ensuring the required quorum under Section 103 of the Companies Act was met.

Resolutions and Directorial Appointments

The agenda included both ordinary and special business items. Members considered the audited standalone financial statements for the financial year ended March 31, 2026, along with the Board and Auditor reports. Key directorial resolutions placed before shareholders included:

• Reappointment of Mr. Amalesh Sadhu as Chairman and Managing Director for a period of five years.
• Retirement by rotation and subsequent reappointment of Mr. Amalesh Sadhu as a director.
• Reappointment of Mrs. Urmi Bose as an Independent Director for a second term of five years.

Voting Results and Compliance Details

Remote e-voting facilities were provided through NSDL from September 26 to September 28, 2026. Mrs. Kriti Daga, a practicing company secretary, served as the scrutinizer for the voting process. One registered speaker did not attend the meeting.

The company confirmed compliance with applicable acts and secretarial standards regarding the conduct of the meeting. The scrutinizer’s report, submitted to BSE Limited on September 29, 2026, detailed the voting outcomes for all four agenda items. No physical ballots were received, and no votes were cast by poll during the meeting itself; all decisions were finalized through remote e-voting.

Summary of Voting Outcomes

All resolutions were passed with requisite majority. The total number of valid votes cast in favor across all items was 45,07,500, representing 100% of the valid votes. There were no invalid votes recorded. The cut-off date for entitlement to vote was September 22, 2026, with 277 total shareholders on record, though only six participated via video conferencing.

GCM Commodity & Derivatives has scheduled its 21st Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be held via Video Conferencing or Other Audio Visual Means at 12:30 pm. The Register of Members and Share Transfer Books will remain closed from September 23 to September 29, 2026, to determine shareholders eligible to vote.

The board concluded its meeting on September 5, 2026, approving the Directors' Report for FY26 and recommending director re-appointments. The company appointed M/s. Kriti Daga as scrutinizer for the upcoming vote.

Book Closure Details

The Register of Members and Share Transfer Books will remain closed during this period to determine shareholders eligible to vote at the AGM. This action complies with Section 91 of the Companies Act, 2013 and Regulation 42 of SEBI LODR Regulations, 2015.

Key Decisions

The board meeting commenced at 10:00 am and concluded at 10:50 am. Key outcomes include:

• Adoption of Reports: Approved the Director's Report for FY ended 2025-26 and the Secretarial Audit Report for FY ended 2024-25 issued by M/s. Kriti Daga.
• Director Re-appointments: Recommended the re-appointment of Amalesh Sadhu (DIN: 00235198) as Chairman & Managing Director for a five-year term. He retires by rotation under Section 152(6) of the Companies Act, 2013. The board also approved the re-appointment of Urmi Bose (DIN: 07245298) as an Independent Director for her second five-year term.
• AGM Logistics: The 21st AGM is scheduled for Tuesday, September 29, 2026, at 12:30 pm via Video Conferencing or Other Audio Visual Means.
• Scrutinizer Appointment: Appointed M/s. Kriti Daga to monitor E-voting and voting at the AGM.

All director re-appointments are subject to final approval by members during the AGM.