
Loan & Debt5 Jun 2026, 12:04 pm
GACM Technologies gets BSE in-principle nod for $699M FCCBs
AI Summary
GACM Technologies Ltd has received in-principle approval from BSE Limited for the proposed issuance of Foreign Currency Convertible Bonds (FCCBs) aggregating up to USD 699 Million. This approval is subject to the company fulfilling various conditions, including submission of listing application, payment of fees, and obtaining necessary statutory and regulatory approvals. The Exchange reserves the right to withdraw the approval if any information is found to be incorrect or misleading. The company is complying with SEBI (LODR) Regulations, 2015, and will make the information available on its website.
Key Highlights
- BSE grants in-principle approval for FCCB issuance.
- Proposed FCCB issuance is for up to USD 699 Million.
- Approval is conditional on fulfilling regulatory requirements.
- Company to comply with SEBI LODR and other applicable laws.
Price Impact
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