Investment7 April 2026 at 11:11 am
GACM Technologies Ltd. Announces EGM to Approve USD 699 Million Foreign Currency Convertible Bonds Issuance
AI Summary
GACM Technologies Ltd. has called for an Extraordinary General Meeting (EGM) on April 29, 2026, to approve the issuance of Foreign Currency Convertible Bonds (FCCBs) worth up to USD 699 Million. The EGM will be held through Video Conferencing / Other Audio-Visual Means. The record date for determining the eligibility to vote has been set as April 22, 2026. The company has also provided the facility for electronic voting. The EGM will consider a special resolution to approve the issuance of FCCBs, which is subject to various regulatory approvals and guidelines.
Key Highlights
- GACM Technologies Ltd. is planning to issue Foreign Currency Convertible Bonds (FCCBs) worth up to USD 699 Million.
- An Extraordinary General Meeting (EGM) has been called on April 29, 2026, to approve the issuance.
- The EGM will be held through Video Conferencing / Other Audio-Visual Means.
- The record date for determining the eligibility to vote has been set as April 22, 2026.
- The issuance of FCCBs is subject to various regulatory approvals and guidelines.