GCM commodity & derivatives Ltd. has formally notified BSE Limited about the non-applicability of the Annual Secretarial Audit Report for the financial year ended March 31, 2026. The communication, signed by Managing Director Amalesh Sadhu, clarifies the company's exemption status under SEBI regulations due to its SME listing.

Regulatory Exemption Details

The company's exemption is based on Regulation 15(2)(b) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, which provides specific relief for certain categories of listed entities. The regulation exempts companies from corporate governance provisions specified in Regulation 24(A) under two distinct conditions:

SME Listing Status

GCM Commodity & Derivatives Ltd. qualifies for the exemption as its securities are listed on the SME Board of BSE. The company operates under scrip code 535917 on the SME platform, which automatically makes it eligible for relief from certain corporate governance requirements that apply to main board listed companies.

Corporate Communication

The formal notification was addressed to the Deputy Manager, Department of Corporate Services at BSE Limited on April 10, 2026. The communication emphasized that compliance with Regulation 24(A) provisions is not mandatory for the company given its SME listing status.

Company Information

GCM Commodity & Derivatives Ltd. maintains its registered office at Raheja Center, Nariman Point, Mumbai. The company operates in the commodity and derivatives sector and has been incorporated under the Companies Act with CIN: 74999MH2005PLC429678. The notification was digitally signed by Managing Director Amalesh Sadhu, who holds DIN: 00235198.

This regulatory exemption allows SME-listed companies to focus resources on business operations rather than extensive compliance requirements that may be more suitable for larger, main board listed entities.

GCM Commodity & Derivatives Ltd. has submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to BSE Limited for the quarter ended March 31, 2026. The certificate was issued by the company's Registrar and Transfer Agent, Purva Sharegistry (India) Private Limited, confirming compliance with dematerialization requirements.

Regulatory Filing Details

The certificate submission was made on April 9, 2026, addressing the regulatory requirements for share dematerialization activities during the quarter. The company operates under CIN L74999MH2005PLC429678 and trades on BSE SME platform with scrip code 535917.

Dematerialization Activity Status

The certificate confirms that no share certificates were dematerialized during the quarter ended March 31, 2026. The detailed report shows NIL activity across all parameters including folio numbers, shareholder names, certificate numbers, distinctive numbers, and shares dematerialized.

Compliance Confirmation

Purva Sharegistry, as the appointed RTA, confirmed that all securities received from depository participants for dematerialization during the quarter were processed within prescribed timelines. The certificate states that security certificates received were mutilated and cancelled after due verification, and depository names were substituted in the register of members as registered owners.

Corporate Information

The filing was digitally signed by Amalesh Sadhu, Managing Director (DIN: 00235198), maintaining the company's compliance with exchange reporting requirements. The company's registered office is located at Raheja Center, Nariman Point, Mumbai, with Purva Sharegistry serving as the SEBI-registered Category 1 Registrar and Share Transfer Agent.