GCM Securities logo

GCM Securities CEO, MD, chairman, board of directors and AGM

BSE: 535431Capital MarketsSmall Cap

Last close ₹0.59down ₹0.02 (3.28%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹0.61.

52-week range of traded prices to 23 Oct 2026
₹0.50Low, 30 Mar 2026₹0.99High, 13 Nov 2025
Market cap
₹11 Cr4,466th largest listed
P/E
Lossover the last 12 months
P/B
1.1
Dividend yield
Nonein the last 12 months
ROE
−8.2%
ROCE
−13.4%
Debt to equity
0.62
Volume, BSE
22,481

GCM Securities board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and chief executiveInder Chand BaidRelated to the promoter
  • Managing directorManish Baid

6 directors3 independent2 executive1 non-executive

  • Inder Chand Baid · Chairperson and chief executiveExecutive · joined May 1995 · reappointed Jul 2022 · 2 listed boards · 3 committee seats
  • Manish Baid · Managing directorExecutive · joined Jun 1998 · reappointed Sep 2021 · 3 listed boards · 3 committee seats
  • Samir BaidNon-executive · joined Jul 1999 · reappointed Jul 2022 · 1 listed board
  • Piyush SarafIndependent · joined Nov 2022 · 46 months as independent · 2 listed boards · 1 as independent · 2 committee seats, 2 as chair
  • Akshaya Suved ChavanIndependent · joined Sep 2024 · 24 months as independent · 5 listed boards · 5 as independent · 5 committee seats, 4 as chair
  • Sonali Auddya AdakIndependent · joined Sep 2024 · 24 months as independent · 3 listed boards · 3 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • Laxmi Narayan Sharma, left 16 Dec 2024: Tenure Completion
  • Urmi Bose, left 16 Dec 2024: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 3 Sep 20266 of 6 present6 independent · 20 days in between
    • 13 Aug 20266 of 6 present3 independent · 58 days in between
    • 15 Jun 20266 of 6 present3 independent
  • Audit Committee

    Chair Piyush Saraf

    Inder Chand Baid, Akshaya Suved Chavan

    • 13 Aug 20263 of 3 present2 independent · 75 days in between
    • 29 May 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Piyush Saraf

    Akshaya Suved Chavan, Sonali Auddya Adak

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Piyush Saraf

    Manish Baid, Sonali Auddya Adak

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Maheshwari & Co.Peer-review certificate valid to Feb 2029
1 earlier auditor
  • S P M L & AssociatesNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

GCM Securities AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.GCM Securities dividend history

Annual general meeting, 25 Sep 2026

32,001 shareholders on the register on 18 Sep 2026; present: 2 promoters and 59 others; votes counted by KRITI DAGA / KRITI DAGA.The company's voting result (opens in a new tab)

  1. Adoption of audited financial statements of the Company for the financial year ended March 31, 2026 along with the reports of the Board of Directors and the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 37.89% · promoters 70.59% · other public 14.61%

  2. To appoint Directors in place of Mr. Inder Chand Baid (DIN: 00235263), who retires by rotation, being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 8.53% · promoters 0.00% · other public 14.61%

  3. Re-appointment of Mr. Inder Chand Baid (DIN: 00235263) as a Chairman (Executive Director) of the Company for a period of 5 years
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 8.53% · promoters 0.00% · other public 14.61%

  4. Re-appointment of Mr. Manish Baid (DIN: 00239347) as a Managing Director of the Company for a period of 5 years
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 8.53% · promoters 0.00% · other public 14.61%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.