Global Capital Markets Limited has announced the appointment of Ms. Akshaya Suved Chavan as an Additional Independent Director to its board. The decision was made during a board meeting held on August 19, 2025, and is subject to shareholder approval at the upcoming Annual General Meeting.

Profile and Experience

Ms. Chavan, who holds a Bachelor of Commerce degree from the University of Mumbai, brings over eight years of experience in the field of accounts to her new role. Her appointment is expected to strengthen the company's board with her financial expertise.

Board Responsibilities

In addition to her new position at Global Capital Markets Limited, Ms. Chavan currently serves as a director in four other public companies:

• Silver Pearl Hospitality & Luxury Spaces Limited
• GCM Capital Advisors Ltd.
• GCM Securities Limited
• GCM Commodity & Derivatives Limited

Her extensive involvement in corporate governance is further evidenced by her roles across various board committees. Ms. Chavan currently chairs one committee and is a member of four audit and stakeholders' relationship committees across public companies.

Remuneration and Terms

The company has set Ms. Chavan's remuneration at a maximum of ₹5,000.00 per meeting, plus reimbursement for actual out-of-pocket expenses. Her appointment is structured as a non-rotational position, typical for independent directors.

Corporate Governance Changes

The appointment of Ms. Chavan comes in the wake of recent changes to Global Capital Markets Limited's board composition. On the same day as Ms. Chavan's appointment, the company announced the resignation of Mr. Mahavir Prasad Saraswat from his position as an Independent Director, citing old age and health reasons.

Compliance and Disclosure

Global Capital Markets Limited has made these announcements in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also appointed Ms. Karishma Sureka as the new Company Secretary and Compliance Officer, effective August 20, 2025.

These board-level changes reflect Global Capital Markets Limited's commitment to maintaining strong corporate governance practices and ensuring a diverse mix of skills and experiences on its board of directors.

Global Capital Markets Limited has announced the appointment of Ms. Karishma Sureka as the new Company Secretary and Compliance Officer, effective August 20, 2025. This strategic move aims to strengthen the company's corporate governance and regulatory compliance framework.

Appointment Details

The appointment of Ms. Sureka was recommended by the company's Nomination & Remuneration Committee and approved by the board. According to the official announcement:

• Effective Date: August 20, 2025
• Position: Company Secretary and Compliance Officer
• Name: Ms. Karishma Sureka
• Qualifications: B.Com., Company Secretary
• CS Membership Number: 66185

Professional Background

Ms. Karishma Sureka brings a solid educational background to her new role. She holds a Bachelor of Commerce degree and is a qualified Company Secretary, demonstrating her expertise in corporate law and governance. Her CS membership number (66185) indicates her professional standing within the Institute of Company Secretaries of India.

Company Information

Global Capital Markets Limited is a publicly listed company with the following details:

• Corporate Identification Number (CIN): L51109WB1989PLC046292

Corporate Governance

The appointment of Ms. Sureka as Company Secretary and Compliance Officer underscores Global Capital Markets Limited's commitment to maintaining robust corporate governance practices. In her role, Ms. Sureka will be responsible for ensuring the company's compliance with various regulatory requirements and facilitating effective communication between the company's management, board of directors, and regulatory bodies.

Official Communication

The company has duly informed the relevant stock exchanges about this appointment through an official letter dated August 18, 2025. The communication was signed by Mr. I. C. Baid, the Chairman of Global Capital Markets Limited, bearing the Director Identification Number (DIN) 00235263.

This appointment marks a significant step for Global Capital Markets Limited in enhancing its corporate structure and regulatory compliance capabilities. Shareholders and market observers will likely be watching closely to see how Ms. Sureka's expertise contributes to the company's governance and compliance efforts in the coming years.