GACM EGM Approves Fund Raising via Foreign Currency Convertible Bonds

GACM Technologies Ltd announced the voting results of its Extra Ordinary General Meeting (EGM) held on April 29, 2026. Shareholders approved a special resolution to raise funds through the issuance of Foreign Currency Convertible Bonds (FCCBs). The resolution passed with a significant majority, garnering 99.914% of the total valid votes in favour (42,308,234.418 votes) and only 0.086% against (36,531.751 votes). The company utilized Central Depository Services (India) Limited (CDSL) for remote e-voting and e-voting at the EGM, with A. K. Rastogi & Associates acting as the scrutinizer. The voting period was from April 24 to April 28, 2026, with April 22, 2026, as the cut-off date for eligible shareholders.