GACM Technologies incorporates UK subsidiary to expand global operations

1 min read     Updated on 26 Jun 2026, 04:27 AM
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GACM Technologies Limited has incorporated Auratrust Tech Limited, a wholly owned foreign subsidiary in the UK, to expand its international business operations. The board meeting held on June 25, 2026, authorized the incorporation and discussed a preferential issuance of equity shares to non-promoters on a share swap basis for acquiring stakes in Market Simplified India Limited and WEXL EDU Private Limited.

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GACM Technologies Limited has incorporated 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 technology activities. This strategic move aims to enhance the company's global footprint and operational capabilities.

The board meeting, held on June 25, 2026, at the company's registered office in Hyderabad, authorized designated officials to undertake all necessary actions, filings, and compliances required for the incorporation. The subsidiary will have a share capital of 1,000 ordinary shares of GBP 1 each. As per the disclosure, the wholly owned foreign subsidiary will be classified as a related party of the company from the date of its incorporation.

Particulars Details
Name of Entity Auratrust Tech Limited
Country of Incorporation United Kingdom (UK)
Share Capital 1,000 Ordinary Shares of GBP 1 each
Shareholding 100% held by GACM Technologies Limited
Industry Software Development, Information Technologies

In addition to the subsidiary incorporation, the board deliberated on a proposal for the preferential issuance of equity shares to non-promoters on a share swap basis. This issuance is intended in lieu of the acquisition of stakes in Market Simplified India Limited and WEXL EDU Private Limited. The board has entrusted the Preferential Issue Committee with the task of finalizing the list of allottees and swap quantities within a period of eight days.

The company noted that the details regarding the share swap and the list of allottees will be announced in a subsequent board meeting. The requisite approvals from shareholders and appropriate authorities will be sought for the preferential issue. The meeting was convened under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for GACM Technologies DVR

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.35%-10.20%-12.00%-45.68%-71.61%

What is the projected timeline for Auratrust Tech Limited to commence active software development operations?

How will the share swap ratios for Market Simplified India Limited and WEXL EDU Private Limited be determined?

What specific strategic advantages does the UK subsidiary offer compared to other potential international locations?

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GACM Technologies board to consider UK subsidiary and share swap

0 min read     Updated on 16 Jun 2026, 09:08 PM
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AI Summary

GACM Technologies Limited will hold a board meeting on June 25, 2026, to approve a new UK subsidiary and discuss a preferential share issuance for acquiring stakes in two other firms. The trading window is closed from June 16 until 48 hours post-meeting.

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gacm technologies dvr has scheduled a board meeting for June 25, 2026, to consider the incorporation of a wholly owned foreign subsidiary in the United Kingdom. The proposed subsidiary aims to expand the company's international business operations, subject to necessary regulatory approvals and statutory requirements.

The Board of Directors will also deliberate on a proposal for the issuance of equity shares to non-promoters on a preferential basis via a share swap. This issuance is intended to facilitate the acquisition of a 5.66% stake in Market Simplified India Limited and a 21.66% stake in WEXL EDU Private Limited. The board will discuss the future course of action in accordance with applicable laws.

In accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's shares will remain closed for all designated persons and their immediate relatives. The closure period commences from June 16, 2026, and extends until 48 hours after the conclusion of the board meeting.

The intimation regarding the board meeting was submitted under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. GACM Technologies Limited's registered office is located in Hyderabad, Telangana.

Historical Stock Returns for GACM Technologies DVR

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.35%-10.20%-12.00%-45.68%-71.61%

What are the strategic advantages of establishing a wholly owned subsidiary in the UK for GACM Technologies' international expansion?

How will the acquisition of stakes in Market Simplified India Limited and WEXL EDU Private Limited enhance GACM Technologies' service offerings?

What regulatory approvals are required for the proposed equity share issuance, and how might they impact the timeline?

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