GACM Technologies Raises ₹49.5 Cr via QIP

GACM Technologies Ltd has successfully completed a Qualified Institutional Placement (QIP), raising ₹49.50 crore. The company's Fund Raising Committee approved the allotment of 49,50,00,000 equity shares at an issue price of ₹1 per share to eligible qualified institutional buyers. This issuance increases the company's paid-up equity share capital from ₹1,10,27,42,236 to ₹1,59,77,42,236. The placement document was adopted on August 17, 2026, following prior intimations on August 13 and 14, 2026.