GACM Technologies Appoints Monitoring Agency for ₹4950 Lakhs QIP

GACM Technologies Limited has appointed Infomerics Valuation and Rating Limited as the Monitoring Agency for its proposed Qualified Institutions Placement (QIP). The issue size is ₹4,950 lakhs. Although not mandatory under SEBI regulations, the company has voluntarily appointed the agency to ensure independent monitoring and transparency in the utilization of net proceeds. Infomerics, a SEBI-registered credit rating agency, has consented to this role. The agency will oversee fund utilization as per SEBI ICDR Regulations and other applicable laws.