Global Capital Markets closes books Sept 19-25 for AGM

Global Capital Markets will close its Register of Members and Share Transfer Books from September 19, 2026, to September 25, 2026. The closure is necessary to determine shareholders eligible to vote at the upcoming Annual General Meeting.

The company issued the intimation on September 3, 2026, in compliance with Section 91 of the Companies Act, 2013. It also adheres to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Book Closure Details

The specific details of the book closure are outlined below:

Parameter	Details
Purpose	Annual General Meeting
Closure Period	September 19, 2026, to September 25, 2026
Inclusivity	Both start and end dates are inclusive

Shareholders holding equity shares on the record date will be entitled to attend and vote at the meeting. The company requested stock exchanges and relevant authorities to take the information on record.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+2.17%	0.0%	-7.84%	-14.55%	-86.53%

Global Capital Markets has approved its financial results for FY26 and the accompanying Director's Report in a Board of Directors meeting held on September 3, 2026. The session also finalized the notice for the 37th Annual General Meeting (AGM), scheduled for September 25, 2026.

The board recommended 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 upcoming AGM.

Key Agenda Items

The meeting addressed 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.
Appointment of M/s Kriti Daga as Scrutinizer for monitoring E-voting at the 37th AGM.
Finalization of the date, time, venue, and mode for the 37th AGM.
Determination of dates for closing the Register of Members and Transfer Books.

The company cited Regulation 30 of the SEBI (LODR) Regulations, 2015, in its outcome letter to stock exchanges. The meeting commenced at 12:10 pm and concluded at 12:45 pm.

Financial Performance

Global Capital Markets Limited reported a significant reduction in its net loss for FY26. The company posted a net loss of ₹13.74 lakh, compared to a net loss of ₹85.11 lakh in FY25. This improvement was driven by lower operating losses and reduced finance costs, despite a sharp decline in revenue.

Metric	FY26	FY25	Change
Revenue	₹170.86 lakh	₹329.24 lakh	-48.1%
Profit/(Loss) Before Tax	(₹33.86 lakh)	(₹84.42 lakh)	-59.9%
Net Profit/(Loss) After Tax	(₹13.74 lakh)	(₹85.11 lakh)	-83.9%

Revenue from operations stood at ₹169.23 lakh in FY26, down from ₹329.24 lakh in FY25. The decline was primarily due to a drop in sales of traded goods, which fell to ₹8.60 lakh from ₹165.75 lakh in the previous year. Interest income remained relatively stable at ₹159.71 lakh, compared to ₹160.85 lakh in FY25.

Total expenses decreased to ₹204.73 lakh from ₹413.67 lakh. Notably, the company did not report any loss on account of trading in Futures/Options in FY26, whereas it incurred a loss of ₹79.24 lakh in FY25. Finance costs also dropped significantly to ₹0.47 lakh from ₹2.84 lakh.

What the Numbers Show

The narrowing of the net loss is largely attributable to the absence of significant trading losses in derivatives, which had impacted FY25 results. While operational revenue from share trading declined sharply, the stability in interest income helped cushion the overall financial performance. The company’s focus on reducing borrowing costs also contributed to the improved bottom line.

Corporate Governance & AGM Details

The 37th AGM will be held via Video Conferencing (VC) / Other Audio Visual Means (OAVM) on September 25, 2026, at 12:45 pm. The register of members will remain closed from September 19, 2026, to September 25, 2026.

Key resolutions include:

Adoption of audited standalone financial statements for FY26.
Re-appointment of Mr. Manish Baid as a director liable to retire by rotation.
Re-appointment of Mr. Inder Chand Baid as Chairman & Managing Director for five years effective April 1, 2027.

The board also noted changes in directorship during the year, including the resignation of Independent Directors Mr. Laxmi Narayan Sharma and Mr. Mahavir Prasad Saraswat, and the appointment of Mrs. Akshaya Suved Chavan as an Independent Director.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE062C01042/fb4a1ef5-f406-40e5-8ea5-6c6a66b3d299.pdf