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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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%-2.08%-7.84%-2.08%-50.00%-67.59%

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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GACM Technologies gets BSE nod for $699M FCCBs

1 min read     Updated on 06 Jun 2026, 01:21 PM
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GACM Technologies Limited has received in-principle approval from BSE Limited to issue Foreign Currency Convertible Bonds (FCCBs) worth USD 699 Million. The approval is subject to compliance with SEBI LODR Regulations and other statutory approvals from SEBI, RBI, MCA, and FEMA. The company must fulfill conditions such as submitting a listing application and paying fees before final listing approval is granted.

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GACM Technologies Limited has secured in-principle approval from BSE Limited to issue Foreign Currency Convertible Bonds (FCCBs) worth USD 699 Million. The approval, dated May 29, 2026, allows the company to issue and allot equity shares towards the proposed FCCB issue, subject to compliance with applicable laws and conditions stipulated by the exchange.

The approval was granted under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company must fulfill several conditions before the final listing approval is granted, including the submission of a listing application form and payment of prescribed fees.

GACM Technologies is also required to obtain statutory approvals from authorities including SEBI, RBI, MCA, and FEMA. The company must comply with all guidelines and regulations issued by the exchange and statutory authorities, as well as the provisions of the Companies Act, 2013.

BSE has reserved the right to withdraw the in-principle approval if any information submitted is found to be incomplete, incorrect, misleading, or false. The exchange will issue the final approval for listing only after the company complies with the stated conditions.

Approval Detail Information
Exchange BSE Limited
Approval Date May 29, 2026
Instrument Foreign Currency Convertible Bonds (FCCBs)
Aggregate Amount USD 699 Million
Regulation Regulation 28(1) of SEBI (LODR) Regulations, 2015

The disclosure was made to the exchanges on June 05, 2026, by Sujata Suresh Jain, Company Secretary & Compliance Officer of GACM Technologies Limited.

Historical Stock Returns for GACM Technologies DVR

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-2.08%-7.84%-2.08%-50.00%-67.59%

What specific capital allocation plans does GACM Technologies have for the USD 699 Million raised through these FCCBs?

How will the potential conversion of these bonds into equity shares impact the company's earnings per share (EPS) and existing shareholder structure?

What is the indicative coupon rate and conversion price set for the FCCBs, and how does it compare to current market benchmarks?

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