StockWatch
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Stockbroking & Allied
Board Meeting26 Aug 2026, 07:10 pm

GACM Technologies Board Meeting on Aug 31 to Discuss Director Re-appointments, Auditor, and Share Issue

AI Summary

GACM Technologies Ltd has announced a Board of Directors meeting scheduled for August 31, 2026. The agenda includes the re-appointment of Mr. Jonna Venkata Tirupati Rao as Director and Managing Director, and Mr. Srinivas Maya as Whole Time Director. The board will also consider the re-appointment of statutory auditors and internal auditors. A significant item is the consideration and approval for the issuance of equity shares to non-promoters on a preferential basis (share swap) for the acquisition of a stake in WEXL EDU Limited. Other agenda items include reclassification of authorized share capital, fixing dates for the 31st AGM and share swap, approving the annual report, re-appointment of an Independent Director, considering related party transactions, and approving e-voting services for the AGM.

Key Highlights

  • Board meeting scheduled for August 31, 2026.
  • Key agenda items include director re-appointments and auditor re-appointment.
  • Consideration of preferential share issuance for WEXL EDU acquisition.
  • Approval of annual report and 31st AGM related matters.
  • Discussion on related party transactions and share capital reclassification.