GACM Technologies gets BSE nod for $699M FCCBs
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.08% | -4.08% | -2.08% | -6.00% | -53.47% | -65.94% |
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?

































