GACM Technologies Board Meeting Outcome
GACM Technologies board approved a ₹120.26 Crore share swap to acquire WEXL EDU Limited. 1,203 lakh shares at ₹1 each will be issued to 120 stakeholders.
- Value
- ₹120.3 Cr
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GACM Technologies board approved a ₹120.26 Crore share swap to acquire WEXL EDU Limited. 1,203 lakh shares at ₹1 each will be issued to 120 stakeholders.
GACM Technologies' board approved several director re-appointments, an authorized capital increase to Rs. 1,000 Crore, and a QIP fund-raise of up to Rs. 200 Crore.
GACM Technologies approved a fund raise of up to ₹6,500.70 Crore (US$699 Million) through Foreign Currency Convertible Bonds (FCCB). The company also plans to register with STPI Hyderabad for software exports and has scheduled an Extraordinary General Meeting for April 29, 2026, to seek shareholder approval.