Global Capital Markets Limited shareholders approved the adoption of audited financial statements for the fiscal year ended March 31, 2026, and the re-appointment of a director during the company's 37th Annual General Meeting (AGM).

The meeting, conducted via Video Conferencing on September 25, 2026, saw resolutions passed with requisite majority through remote e-voting facilitated by National Securities Depository Ltd. The scrutinizer report confirmed no physical ballots were received.

Meeting proceedings and attendance

Mr. I. C. Baid, Chairman and Managing Director, occupied the chair. A total of 58 members, including those from the promoter group, were present in the meeting. The quorum required under Section 103 of the Companies Act, 2013 was met, allowing the Chairman to call the meeting to order.

The Chairman informed members that the company is in compliance with applicable acts, rules, and secretarial standards regarding the convening of the meeting. The notice of the 37th AGM and the Auditor's Report were taken as read with the consent of the members present. Nine members registered as speakers, two of whom attended and had their queries addressed by the Chairman.

Voting outcomes and participation

The AGM addressed two ordinary resolutions: the adoption of financial reports and the appointment of Manish Baid as director in place of himself, who retired by rotation. Both items secured overwhelming support from participating shareholders.

Scrutinizer observations

Kriti Daga, Practicing Company Secretary and appointed scrutinizer, noted that the remote e-voting period ran from September 22 to September 24, 2026. The cut-off date for eligibility was September 18, 2026.

A notable divergence exists in the voting data: while the percentage of votes cast "For" remained identical at 99.99% for both resolutions, the absolute number of votes supporting the director's appointment was approximately 19 million lower than those supporting the financial statements. This suggests that some shareholders who voted on the financials either abstained or did not participate in the specific vote regarding the director's re-appointment, despite the negligible opposition count remaining constant at 10,895 votes.

Global Capital Markets has scheduled its 37th Annual General Meeting (AGM) for September 25, 2026. The meeting will commence at 12:45 pm and will be conducted through Video Conferencing or Other Audio Visual Means.

The company published the notice in English and Bangla newspapers on September 4, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The electronic dispatch of the AGM notice, along with the financial statements for FY26, Board’s Report, and Auditor’s Report, was completed on September 3, 2026.

Voting and Attendance Details

Shareholders holding shares as on the cut-off date of September 18, 2026, are eligible to participate. The company has enabled remote e-voting for all resolutions set out in the AGM notice. The remote e-voting period begins on Tuesday, September 22, 2026, at 9:00 am and ends on Thursday, September 24, 2026, at 5:00 pm.

Members who have not cast their votes during the remote e-voting window can vote electronically during the AGM itself. Attendance via VC/OAVM will be reckoned for the purpose of quorum under Section 103 of the Companies Act, 2013.

Regulatory Compliance

The meeting is being convened in compliance with the Companies Act, 2013, and various circulars issued by the Ministry of Corporate Affairs and SEBI. These include MCA circulars dated April 8, 2020, through to September 22, 2025, and SEBI circulars dated May 12, 2020, through to January 5, 2023.

The annual report and related documents are available on the company’s website and the BSE website. Shareholders requiring login credentials for e-voting can request them via email to the company or its Registrar and Transfer Agent.