GCM Capital Advisors has informed that the Board in its meeting held today has accepted the resignation of Vicky S. Jain and in his place; the Board has appointed Manish Baid as an additional Director designated as Chairman & Managing Director (MD) of the Company, subject to approval of members in the forthcoming Annual General Meeting. Brief Profile of newly appointed Directors is attached. Further, resignation letter of outgoing Director together with relevant disclosure u/r 30 has also been provided. The meeting was commenced at 10.00 am and concluded at 10.50 am.
The above information is a part of company’s filings submitted to BSE.