GSL Securities Submits Annual Report, AGM Notice

Net Loss FY26: ₹31.38 lakh (compared to ₹16.46 lakh loss in FY25)
Total Income FY26: ₹5.59 lakh (compared to ₹1.68 lakh in FY25)
EPS FY26: -₹0.73 (compared to -₹0.51 in FY25)
Net Worth: ₹975.65 lakh as at 31.03.2026
Preferential Allotment: 10,25,100 equity shares at ₹10 face value + ₹31.50 premium = ₹41.50 per share, aggregating ₹4,25,41,650
MD Remuneration: ₹9,00,000 per annum for proposed reappointment
Cash & Cash Equivalents: ₹382.65 lakh as at 31.03.2026 (₹5.31 lakh as at 31.03.2025)
Investments: ₹553.16 lakh as at 31.03.2026 (₹525.62 lakh as at 31.03.2025)
Paid-up Equity Capital: ₹427.51 lakh (42,75,100 shares of ₹10 each) as at 31.03.2026
Authorized Capital: ₹525.00 lakh (52,50,000 shares of ₹10 each)

AGM Date: Monday, 07th September, 2026 at 10:00 AM
Cut-off Date for Eligibility: 31st August, 2026
Book Closure: 01st September, 2026 to 07th September, 2026 (both days inclusive)
E-voting Period: 04th September, 2026 (9:00 AM) to 06th September, 2026 (5:00 PM)
Preferential Allotment Date: 27th December, 2025
CSE Delisting Effective: 01st July, 2026
CSE Delisting Application: 08th June, 2026
CSE Delisting Approval: 30th June, 2026

Stock Exchange: BSE Limited (continuing listing), Calcutta Stock Exchange (delisted effective 01.07.2026)
Registrars & Transfer Agents: M/s. Purva Sharegistry (India) Pvt. Ltd.
Depositories: NSDL, CDSL
Bankers: Union Bank of India, ICICI Bank Ltd.
Statutory Auditors: M/s. V R S K & CO. LLP
Secretarial Auditors: M/s. SHIV HARI JALAN & CO.
Internal Auditor: Mr. Akshaya Poddar, Chartered Accountant
Scrutinizer for E-voting: M/s. Shivhari Jalan & Co., Practicing Company Secretaries

Preferential allotment of 10,25,100 equity shares increased paid-up capital from ₹325.00 lakh (32,50,000 shares) to ₹427.51 lakh (42,75,100 shares)
Securities premium account increased by ₹322.91 lakh (net of ₹28.86 lakh preferential issue expenses)
Resulting dilution to existing shareholders: 31.54% increase in outstanding shares

Net loss of ₹31.38 lakh for FY26 represents deterioration from ₹16.46 lakh loss in FY25
Total comprehensive income for FY26: -₹2.52 lakh (compared to ₹12.85 lakh in FY25)
Current ratio improved to 26.54 from 11.23 due to significant increase in cash balances
Return on Net Worth: -4.03% for FY26 (compared to -2.86% in FY25)

Company is registered as Non-Banking Financial Company with RBI
Primary business: Investments in capital markets
No manufacturing activity; hence conservation of energy disclosures not applicable
No foreign exchange earnings or outgo during the year
No subsidiary/joint venture/associate companies
No deposits accepted during the year
No material changes in nature of business

Board composition: 4 directors (2 promoter directors, 2 independent directors)
Board meetings held: 5 during FY25-26
Committees: Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee
All directors attended all board meetings
Company received clean audit reports from statutory and secretarial auditors

Preferential allotment of 10,25,100 equity shares to non-promoters on 27.12.2025
Delisting from Calcutta Stock Exchange effective 01.07.2026 to reduce compliance costs
Shares continue to be listed on BSE Limited
Company fixed August 31, 2026 as cut-off date for AGM voting eligibility

Management cited "general economy slowdown" as reason for inadequacy of profit
Steps for improvement: Cost reduction, efficiency improvement
Expectation to reach "higher post-tax profit in the current financial year"
Focus on preserving capital while maintaining liquidity through mutual fund investments