GACM Technologies Withdraws Preferential Issue Application Amid Strategic Realignment

Hyderabad, October 31, 2025: In a recent regulatory filing dated October 31, 2025, GACM Technologies Limited (BSE: 531723, NSE: GATECH) announced that the company is withdrawing its in-principle approval for the issue of equity shares on a preferential basis in exchange for a business undertaking.

GACM Technologies Limited operates in the Other Financial Services sector. The Company is based in Hyderabad and provides diversified solutions involving financial, technology-based, and other fields. It was incorporated in 1995 and has been publicly listed since 2017, trading on BSE and NSE under the ticker 531723 and GATECH, respectively.

Key Meeting Details

The board of directors of GACM Technologies Limited, at its meeting held on October 31, 2025, decided to officially withdraw its application for approval to issue equity shares on a preferential basis in exchange for a business undertaking. In the regulatory filing, the company stated that the board has reached this decision after closely reviewing business priorities and market conditions. The company’s new strategy provides insight into its capital allocation, as it seeks to realign capital with its current operating priorities. Therefore, the company will officially request that both the BSE and the NSE rescind the application for the proposed preferential issue dated September 3, 2025.

Stock Movement Summary

As of October 31, 2025, 2:25 pm, the share price of GACM Technologies Limited was trading at ₹0.65, an increase of 3.17% or ₹0.02. The shares opened in green at ₹0.63 and have been trading between the range of ₹0.63 to ₹0.65 so far. The company has had a muted trading session with total traded volume and traded value standing at 97.65 lakhs and ₹0.62 crore, respectively, while the total market capitalisation stood at ₹71.68 crore.

REF: https://nsearchives.nseindia.com/corporate/SCAPDVR_31102025115147_Outcome_BM_GATECH.pdf

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