Global Capital Markets Ltd — Important, 19-08-2025: Company Update

Global Capital Markets Limited's board has approved the immediate resignation of Independent Director Mr. Mahavir Prasad Saraswat. His departure is attributed to old age and health issues, a reason also affirmed by the Nomination & Remuneration Committee. Mr. Saraswat held significant roles, including memberships on Audit, Nomination & Remuneration, and Shareholders’ Relationship Committees for the company and GCM Commodity & Derivatives. This change impacts board composition and will require the company to seek a replacement to maintain governance oversight.