StockWatch
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Stockbroking & Allied
Shareholding26 Aug 2026, 01:27 pm

GACM Technologies: Magnifica Global Opportunities Sells 4.42% Stake

AI Summary

Magnifica Global Opportunities VCC, along with its PACs, has sold 7,06,08,589 equity shares, representing 4.42% of the total share capital, in GACM Technologies Limited through open market transactions. Prior to the sale, their holding was 14,00,00,000 shares (8.76%). Post-sale, their holding has reduced to 6,93,91,411 shares, which is 4.34% of the total share capital. The transactions occurred on August 21, 2026, and August 24, 2026. This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Magnifica Global Opportunities VCC sold 4.42% stake in GACM Technologies.
  • Sale was conducted via open market transactions.
  • Post-sale shareholding reduced to 4.34%.
  • Disclosure filed under SEBI Takeover Regulations.