GACM Technologies Board Approves Director Re-appointments, Fund Raise

GACM Technologies Ltd's Board of Directors met on August 31, 2026, approving several key appointments and corporate actions. The board re-appointed Mr. Jonna Venkata Tirupati Rao as Managing Director for five years, Mr. Srinivas Maya as Whole Time Director, and Mr. Chandra Sekhar Dasaka as Independent Director. The company also approved the re-appointment of statutory auditors and the appointment of an internal auditor. Significant corporate actions include increasing authorized share capital from ₹300 Crores to ₹1000 Crores and seeking approval for a fund raise of up to ₹200 Crores via QIP/ADR/GDR/FCCB. Additionally, the company will issue equity shares on a preferential basis for a 23.64% stake acquisition in WEXL EDU Limited.