GACM Technologies gets BSE nod for USD 699M FCCBs

1 min read     Updated on 05 Jun 2026, 12:13 PM
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GACM Technologies Limited received in-principle approval from BSE on May 29, 2026, to issue Foreign Currency Convertible Bonds worth USD 699 Million. The approval, based on an application dated May 13, 2026, is subject to conditions including statutory approvals from SEBI, RBI, and FEMA. The company disclosed this information on June 05, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015.

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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, 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.

Detail Description
Approval Date May 29, 2026
Application Date May 13, 2026
Aggregate Amount USD 699 Million
Regulation Regulation 28(1) of SEBI (LODR) Regulations, 2015

Historical Stock Returns for GACM Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-3.64%0.0%+8.16%-3.64%-40.45%-22.06%

How does GACM Technologies plan to utilize the USD 699 million raised through the FCCBs?

What is the expected conversion price and premium for the FCCBs, and how might it impact existing shareholders?

How will the company manage the foreign currency risk associated with the FCCB issuance?

GACM Technologies FY26 net profit surges 108% to ₹859.88 lakh

3 min read     Updated on 01 Jun 2026, 01:12 PM
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GACM Technologies reported a 108.50% rise in consolidated net profit to ₹859.88 lakh for FY26, with revenue increasing 57.40% to ₹2,294.49 lakh. The Board approved the audited results on May 29, 2026, which were published in newspapers on June 1, 2026.

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GACM Technologies reported a 108.50% surge in consolidated net profit to ₹859.88 lakh for the financial year ended March 31, 2026, compared to ₹412.49 lakh in the previous year. Total revenue from operations rose 57.40% to ₹2,294.49 lakh for FY26, up from ₹1,457.67 lakh in FY25, driven by a substantial increase in income from operations. The company subsequently published its audited standalone and consolidated financial results in Financial Express (English) and Mana Telangana (Telugu) newspapers on June 1, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For the fourth quarter ended March 31, 2026, the company posted a consolidated net profit of ₹165.85 lakh, a decrease from ₹174.96 lakh in the corresponding quarter of the previous year. Quarterly revenue from operations stood at ₹625.38 lakh, compared to ₹546.62 lakh in Q4 FY25. The standalone net profit for the full year increased to ₹782.76 lakh from ₹371.46 lakh in FY25, with standalone revenue reaching ₹1,966.39 lakh.

The Board of Directors approved the audited standalone and consolidated financial results at its meeting held on May 29, 2026. The financial results were reviewed by the Audit Committee and have been audited by the statutory auditors, Gorantla & Co, Chartered Accountants. The auditors issued an unqualified opinion on the standalone and consolidated financial results. The newspaper publication disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited by Company Secretary & Compliance Officer Sujata Suresh Jain.

Consolidated Financial Performance

The company's consolidated financial results include the figures of its wholly-owned subsidiary, Gayiadi Fintech Private Limited. Total expenses for the year increased to ₹1,408.67 lakh from ₹949.74 lakh in the prior year, primarily due to higher costs of operations, employee benefits, and depreciation. The following table summarises the key consolidated financial metrics for the year:

Metric: FY26 (₹ in Lakhs) FY25 (₹ in Lakhs) Change
Total Revenue from Operations: 2,294.49 1,457.67 Increase
Total Expenses: 1,408.67 949.74 Increase
Net Profit for the Period: 859.88 412.49 Increase
Basic Earnings Per Share (₹): 0.07 0.07 Increase

Standalone Financial Results

On a standalone basis, GACM Technologies reported a net profit of ₹156.59 lakh for the quarter ended March 31, 2026, compared to ₹153.31 lakh in the same period last year. For the full year, standalone net profit more than doubled to ₹782.76 lakh from ₹371.46 lakh in FY25. Total revenue from operations for the year stood at ₹1,966.39 lakh, a significant rise from ₹1,296.35 lakh in the previous year. The company's paid-up equity share capital increased to ₹12,924.08 lakh as of March 31, 2026, from ₹7,987.93 lakh in the previous year, following the issue of share capital. The earnings per share (basic) for the year improved to ₹0.0721 from ₹0.0589 in FY25.

The table below presents the quarterly and annual standalone and consolidated performance highlights:

Metric: Q4 FY26 (Standalone) Q4 FY25 (Standalone) FY26 (Standalone) FY25 (Standalone)
Revenue from Operations (₹ Lakhs): 510.28 476.33 1,966.39 1,296.35
Net Profit (₹ Lakhs): 156.59 153.31 782.76 371.46
Metric: Q4 FY26 (Consolidated) Q4 FY25 (Consolidated) FY26 (Consolidated) FY25 (Consolidated)
Revenue from Operations (₹ Lakhs): 625.38 546.62 2,294.49 1,457.67
Net Profit (₹ Lakhs): 165.85 174.96 859.88 412.49

Historical Stock Returns for GACM Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-3.64%0.0%+8.16%-3.64%-40.45%-22.06%

How will the recent significant increase in paid-up equity share capital impact GACM's capital allocation strategy and shareholder value in the coming year?

What specific operational strategies will the company implement to manage the rising costs of operations and employee benefits that drove the expense increase?

Will the company utilize its strong full-year performance to pursue further acquisitions or expand the capabilities of its subsidiary, Gayiadi Fintech Private Limited?

More News on GACM Technologies

1 Year Returns:-40.45%