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.

GACM Technologies Limited has secured in-principle approval from BSE Limited to issue Foreign Currency Convertible Bonds (FCCBs) worth USD 699 Million. The approval, granted on May 29, 2026, allows the company to issue and allot equity shares towards the proposed FCCB issue, subject to specific conditions and regulatory compliance.

The approval follows an application dated May 13, 2026, submitted under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The aggregate amount for the proposed issue shall not exceed USD 699 Million or its equivalent.

Conditions for Approval

The in-principle approval is contingent upon GACM Technologies fulfilling several conditions outlined by the exchange. These include:

• Submission of a listing application form along with required documents as per the BSE checklist.
• Payment of prescribed fees.
• Receipt of statutory and other approvals from authorities including SEBI, RBI, MCA, and FEMA.
• Compliance with all guidelines, regulations, and directions of the exchange or statutory authorities.
• Adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as on the date of listing.
• Compliance with the Companies Act, 2013 and other applicable laws.

Regulatory Disclosures

The information was disclosed to the exchanges on June 05, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015. BSE reserves the right to withdraw the in-principle approval if any information submitted is found to be incomplete, incorrect, misleading, or false, or if there is any contravention of rules and regulations.