GACM Technologies Ltd

QIP details

• QIP completed; ₹49.50 crore raised from Qualified Institutional Buyers.
• Issue price set at ₹1 per equity share; fully paid-up shares allotted.
• Overseas participation from Mauritius-based FPIs; four major allottees disclosed.
• Overseas FPIs accounted for 30.98% of QIP allocations.
• Proceeds to be deployed per objects and regulatory requirements.
• Capital structure strengthened; enhanced financial flexibility for growth initiatives.

Transaction details

• Target company: GACM Technologies Ltd.
• Acquirer: EBISU Global Opportunities Fund Limited; not promoter/promoter group.
• PAC: No other PAC disclosed.
• Mode: Qualified Institutional Placement (QIP).
• Date of acquisition: August 14, 2026.
• Pre-acquisition equity: 1,102,742,236 shares (Rs 1).
• Post-acquisition equity: 1,597,742,236 shares (Rs 1).
• Total diluted capital after: 1,597,742,236 shares.
• Instruments: 105,000,000 warrants/convertibles.
• Post-issuance stake: 6.572%.
• Encumbrances: NIL.

Monitoring Agency Appointment

• Appointed Infomerics Valuation and Rating Limited as Monitoring Agency for the proposed QIP.
• Issue size is ₹49.5 crore.
• Appointment voluntary; not mandatory under SEBI ICDR Regulations.
• Monitoring Agency to oversee net proceeds utilisation per SEBI ICDR and applicable laws.
• Infomerics is a SEBI-registered credit rating agency.

Acquisition details

• Date of acquisition / intimation: 14 August 2026

Transaction details

• Target company: GACM TECHNOLOGIES LIMITED.
• Acquirer: AL MAHA INVESTMENT FUND PCC - ONYX STRATEGY; PAC NIL.
• Promoter group: No.
• Exchanges listed: BSE Limited and NSE.
• Pre-acquisition holding: 0 equity shares, 0.00%.
• Acquisition details: 10,50,00,000 voting rights shares, 6.57%.
• Post-acquisition holding: 10,50,00,000 shares, 6.57%.
• Mode of acquisition: Qualified Institutions Placement (QIP).
• Date of acquisition: 14 August 2026.
• Equity share capital before: 0; after: 10,50,00,000.
• Salient features: fully paid-up equity shares; rank pari passu.
• Encumbrances: Nil.
• Acquirer PAN: ABBCA2764N.

Target and acquirer

• Target: GACM TECHNOLOGIES LIMITED.
• Acquirer: MINERVA VENTURES FUND; PACs: none.

Promoter status and listing

• Acquirer not in promoter/promoter group.
• Listed on BSE and NSE.

Pre-acquisition holding

• Voting rights: 0; Encumbrances: Nil.

Acquisition details

• Mode: Qualified Institutions Placement (QIP).
• Shares acquired: 14,50,00,000; 9.08% stake.

Post-acquisition holding

• Post-holding voting rights: 14,50,00,000; 9.08%.

Salient features and date

• Fully paid-up equity shares; rank pari passu with existing.
• Date of acquisition: 14 August 2026 (to be confirmed).

QIP opening and approvals

• QIP Committee approves opening of the Issue from Aug 13, 2026.
• Aggregate size up to ₹49.50 crore for eligible QIBs.
• Offer price fixed at ₹1 per equity share; premium to floor price.
• Regulatory floor price determined at ₹0.67 per share under ICDR Reg 176(1).
• Preliminary placement document dated Aug 13, 2026 filed with BSE.
• Relevant date for the Issue is Aug 13, 2026.
• Trading window closed for Designated Persons until 48 hours after closure.
• Board approval obtained Sep 3, 2025; AGM approval Sept 25, 2025.
• QIP Committee meeting held Aug 13, 2026; 9:30–10:00 AM.

Dematerialisation/rematerialisation status

• No dematerialisation/rematerialisation requests were received during the quarter ended June 30, 2026.