GACM Technologies Fund Raise of ₹49.5 Cr
GACM Technologies Limited successfully completed a Qualified Institutions Placement (QIP) raising ₹49.50 Crore. The company allotted 49.50 crore equity shares at ₹1 per share.
- Value
- ₹49.50 Cr
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GACM Technologies Limited successfully completed a Qualified Institutions Placement (QIP) raising ₹49.50 Crore. The company allotted 49.50 crore equity shares at ₹1 per share.
GACM Technologies has closed its Qualified Institutional Placement (QIP) issue following receipt of application forms and funds from eligible institutional buyers.
GACM Technologies approved a QIP issue of equity shares. The total fund raise is approximately ₹49.50 Crore.
GACM Technologies received BSE in-principle approval for a USD 699 Million FCCB issuance. This approval facilitates future capital raising through convertible debt instruments.