GCM Commodity & Derivatives Limited (GCMCOMM.BO) engages in trading and investing in equity shares and securities across BSE and NSE in India, commodity broking through its trading-cum-clearing membership of the National Spot Exchange Limited (NSEL), and investments in NSEL investment products for arbitrage opportunities; it also offers commercial papers, fixed deposits, and money lending services related to capital markets. The company, incorporated in 2005 and headquartered in Mumbai, previously conducted commodity and equity trading before focusing on its current NSEL-centric operations initiated in May 2013, targeting Indian resident investors seeking low-risk, high-liquidity commodity contracts. Recent developments include board changes with the appointment of additional independent directors Akshaya Eknath Naik and Sonali Auddya Adak on September 2, 2024, ahead of the 19th annual general meeting held virtually on September 25, 2024, alongside the re-appointment of Chairman and Managing Director Amalesh Sadhu by rotation.