Global Capital Markets Limited Appoints Karishma Sureka as Company Secretary and Compliance Officer

1 min read     Updated on 18 Aug 2025, 05:56 PM
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Reviewed by
Jubin VergheseBy ScanX News Team
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Overview

Global Capital Markets Limited has appointed Ms. Karishma Sureka as the new Company Secretary and Compliance Officer, effective August 20, 2025. Ms. Sureka, a qualified Company Secretary with membership number 66185, holds a B.Com degree. The appointment, recommended by the Nomination & Remuneration Committee and approved by the board, aims to strengthen the company's corporate governance and regulatory compliance framework.

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*this image is generated using AI for illustrative purposes only.

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.

Historical Stock Returns for Global Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
+3.45%-3.23%-9.09%-23.08%-34.07%-53.49%
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Global Capital Markets Limited Reports 114% Profit Surge in Q1

1 min read     Updated on 13 Aug 2025, 03:52 PM
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Reviewed by
Shriram ShekharBy ScanX News Team
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Overview

Global Capital Markets Limited announced a significant increase in profit for Q1 FY2026, rising to ₹97.42 lakhs from ₹45.58 lakhs in Q1 FY2025. Despite a decrease in revenue from operations to ₹114.91 lakhs, the company managed to more than double its profit due to a substantial reduction in total expenses from ₹150.69 lakhs to ₹17.58 lakhs. The main revenue sources were gains from trading in shares and FNO segment (₹66.68 lakhs), interest income (₹47.94 lakhs), and dividend income (₹0.29 lakhs). The company reported a total comprehensive income of ₹104.79 lakhs for the quarter.

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*this image is generated using AI for illustrative purposes only.

Global Capital Markets Limited , a finance and investment company, has reported a significant increase in profit for the first quarter. The company's financial results, approved by the Board of Directors on August 13, showcase a strong performance compared to the same period last year.

Financial Highlights

Metric Q1 FY2026 Q1 FY2025
Profit ₹97.42 lakhs ₹45.58 lakhs
Revenue from Operations ₹114.91 lakhs ₹196.13 lakhs
Total Expenses ₹17.58 lakhs ₹150.69 lakhs
Earnings per Share ₹0.02 -

Revenue Breakdown

The company's revenue for Q1 primarily came from three sources:

  1. Interest Income: ₹47.94 lakhs
  2. Dividend Income: ₹0.29 lakhs
  3. Gains from Trading in Shares and FNO Segment: ₹66.68 lakhs

Performance Analysis

Despite a decrease in total revenue from operations, Global Capital Markets Limited managed to more than double its profit compared to the same quarter last year. This impressive performance can be attributed to a significant reduction in total expenses, which fell from ₹150.69 lakhs to ₹17.58 lakhs.

The company's gains from trading in shares and the FNO (Futures and Options) segment contributed substantially to its revenue, accounting for approximately 58% of the total revenue from operations.

Other Financial Indicators

  • Total Comprehensive Income: The company reported a total comprehensive income of ₹104.79 lakhs for the quarter, which includes other comprehensive income of ₹7.37 lakhs.
  • Paid-up Equity Share Capital: Remained constant at ₹3,982.96 lakhs with a face value of ₹1 per share.

Segment Information

Global Capital Markets Limited operates in a single business segment of Finance & Investments, as per Indian Accounting Standard (IndAS) 108 "Operating Segment".

Audit Review

The financial results have been reviewed by the Audit Committee and approved by the Board of Directors. The company's auditors, Maheshwari & Co., Chartered Accountants, have carried out a limited review of the financial results.

In their review report, the auditors noted that interest income is not recognized on outstanding advances, and due to insufficient information, they were unable to calculate the interest income to be recognized on such advances.

Global Capital Markets Limited's strong start to the quarter demonstrates its ability to manage expenses effectively while maintaining revenue streams from various financial activities.

Historical Stock Returns for Global Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
+3.45%-3.23%-9.09%-23.08%-34.07%-53.49%
Global Capital Markets
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