Company Update

GCM Commodity & Derivatives Limited has announced a board meeting outcome approving the resignation of Mr. Laxmi Narayan Sharma as Independent Director, effective April 18, 2025, following completion of his two-term tenure of five years.

The resignation is voluntary with no other material reasons cited.

Mr. Sharma does not hold directorships in other listed entities.

His departure marks a leadership change important for shareholders to note, reflecting normal board refreshment aligned with governance practices.