GACM Technologies Limited has approved the incorporation of a wholly owned foreign subsidiary in the United Kingdom to expand its international business operations. The new entity, named Auratrust Tech Limited, will focus on software development and information technologies, subject to regulatory approvals. This strategic move aims to enhance the company's global footprint and diversify its operational reach.

The board meeting, held on June 25, 2026, at the company's registered office in Hyderabad, also deliberated on a proposal to issue equity shares to non-promoters on a preferential basis. This share swap is intended in lieu of acquiring stakes in Market Simplified India Limited and WEXL EDU Private Limited. The board decided to initiate preparatory activities, including stakeholder communications, with the date for a shareholders' meeting to be determined later.

Auratrust Tech Limited will hold a share capital of 1,000 Ordinary Shares of GBP 1 each, with 100% shareholding held by GACM Technologies Limited. The subsidiary will be classified as a related party of the company from the date of incorporation. The promoter, promoter group, and other group companies have no interest in the proposed subsidiary beyond this relationship.

The board authorized designated officials to undertake all necessary actions, filings, and compliances for the incorporation. The meeting commenced at 03:00 P.M. and concluded at 04:00 P.M. on the same day. The company secretary, Sujata Suresh Jain, confirmed the outcomes in the regulatory filing.

Key Details of Board Meeting

Proposed Subsidiary Overview

GACM Technologies Limited has scheduled a board meeting for June 25, 2026, to consider expanding its international business operations through a new subsidiary and to evaluate a share swap proposal for acquiring stakes in two entities. The meeting will cover approval for incorporating a Wholly Owned Foreign Subsidiary (WOFS) in the United Kingdom, subject to regulatory approvals, along with authorization of officials for necessary compliances. Additionally, the board will discuss issuing equity shares to non-promoters on a preferential basis to acquire a 5.66% stake in Market Simplified India Limited and a 21.66% stake in WEXL EDU Private Limited.

The proposal for the preferential allotment involves a share swap mechanism, and the board will deliberate on the future course of action in accordance with applicable laws. The trading window for dealing in the company's shares is closed for all designated persons and their immediate relatives from June 16, 2026, until 48 hours after the conclusion of the board meeting. This measure is in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's code of conduct.

Agenda Items

The board meeting will focus on two primary resolutions:

• Incorporation of WOFS: Approval to set up a wholly owned subsidiary in the UK to expand international operations.
• Preferential Allotment: Discussion on issuing equity shares to non-promoters via a share swap to acquire stakes in specific companies.

Key Details of Proposed Acquisitions

The following table outlines the target companies and the respective stakes proposed to be acquired through the share swap mechanism:

The intimation regarding the board meeting was submitted under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. GACM Technologies Limited is headquartered in Hyderabad, and the notice was signed by Sujata Suresh Jain, Company Secretary & Compliance Officer.