Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 330

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 330
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 translation reserve which is used to record exchange differences arising from the translation of the financial
statements of foreign operations whose functional currencies are different from that of the Company’s presentation currency.

Other reserve

Other reserve represents non-distributable
amounts set aside in compliance with local laws of certain overseas subsidiary companies.

| 14. | Dividends |

|                                                                                                      |     | As of March 31, 
 2025            |           |     | 2024 |           |
|:-----------------------------------------------------------------------------------------------------|:----|:----------------|----------:|:----|:-----|----------:|
|                                                                                                      |     | $               |           |     | $    |           |
| (a) Declared and paid during the financial year:                                                     |     |                 |           |     |      |           |
| Dividends on ordinary shares:                                                                        |     |                 |           |     |      |           |
| Interim one-tier tax exempt dividend March 31, 2025: 0.50 cent (March 31, 2024: 0.60 cent) per share |     |                 |   538,984 |     |      |   667,347 |
| Final one-tier tax exempt dividend March 31, 2024: 1.60 cent (March 31, 2023: 1.75 cent) per share   |     |                 | 1,732,244 |     |      | 1,959,904 |
| (b) Proposed but not recognised as a liability as at March 31:                                       |     |                 |           |     |      |           |
| Final one-tier tax exempt dividend March 31, 2025: Nil cent (March 31, 2024: 1.60 cent) per share    |     |                 |         – |     |      | 1,748,619 |

In 2024, the directors of the Company
recommend that a final one-tier tax exempt dividend of 1.60 cent per ordinary share amounting to $1,748,619 to be paid in respect of the
financial year ended March 31, 2024. The proposed dividend, which is subject to shareholders’ approval at the forthcoming Annual General
Meeting of the Company, has not been accrued as liability as at March 31, 2024.

| 15. | Revenues |

The following table presents the Company’s
revenues from contracts with customers disaggregated