Global Capital Markets has scheduled a Board of Directors meeting for September 3, 2026, at its registered office in Mumbai. The session will focus on adopting the financial results for FY26 and finalizing the agenda for the upcoming annual general meeting.

The board will consider the re-appointment of Mr. Manish Baid as a director. He retires by rotation under Section 152(6) of the Companies Act, 2013, and is eligible for re-appointment at the 37th Annual General Meeting (AGM).

Key Agenda Items

The meeting will address several critical corporate governance matters alongside the financial approvals:

• Re-appointment of Mr. Inder Chand Baid as Chairman & Managing Director for a five-year term.
• Appointment of M/s Kriti Daga as Secretarial Auditors for five years, subject to member approval.
• Finalization of the date, time, venue, and mode for the 37th AGM.
• Determination of dates for closing the Register of Members and Transfer Books.
• Appointment of a Scrutinizer for the AGM.

The company cited Regulation 29 of the SEBI (LODR) Regulations, 2015, in its notice to stock exchanges. The meeting aims to conclude these procedural items ahead of the shareholder vote.

Global Capital Markets reported a net profit of ₹55.17 lakh for the quarter ended June 30, 2026 (Q1FY27), marking a significant turnaround from the net loss of ₹192.52 lakh recorded in the preceding quarter. The company’s total revenue from operations stood at ₹107.55 lakh, down 6.4% compared to ₹114.91 lakh in the corresponding period of FY26. This performance reflects a stabilization in earnings despite a slight dip in top-line growth, driven primarily by gains from trading in shares and futures and options (FNO) segments.

The Board of Directors, chaired by Inder Chand Baid, approved the unaudited standalone financial results in a meeting held on August 10, 2026. The results were submitted to BSE Limited and The Calcutta Stock Exchange Limited in compliance with Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Maheshwari and Co., the statutory auditors, issued a limited review report on the financial statements.

Financial Performance Highlights

The company’s total income for the quarter was ₹120.41 lakh. Interest income contributed ₹42.80 lakh, while dividend income added ₹0.40 lakh. A significant portion of the revenue came from other sources, specifically gains from trading in shares and FNO segments, which amounted to ₹64.35 lakh. In contrast, the preceding quarter saw negative revenue from the sale of shares, totaling ₹81.30 lakh.

Total expenses for Q1FY27 were ₹75.42 lakh, a substantial decrease from ₹129.21 lakh in the previous quarter. This reduction was largely due to a lower expected credit loss provision of ₹53.98 lakh, compared to ₹80.69 lakh in the prior period. Employee benefit expenses also decreased to ₹6.57 lakh from ₹15.29 lakh.

What the Numbers Show

The shift from a significant loss to profitability in Q1FY27 is primarily attributable to the reduction in expected credit losses rather than operational revenue growth. While revenue from operations declined slightly year-on-year, the expense side saw a marked improvement, with expected credit losses dropping by nearly ₹27 lakh compared to the previous quarter. Additionally, the company reported a positive other comprehensive income of ₹35.71 lakh, driven by fair value changes on instruments carried at fair value through other comprehensive income (FVTOCI). However, the statutory auditors noted in their limited review report that interest income was not recognized on outstanding advances due to insufficient information, highlighting a potential area of monitoring for investors.