GACM Technologies to Incorporate UK Subsidiary, Consider Preferential Issue

GACM Technologies Ltd has announced a Board of Directors meeting scheduled for June 25, 2026. The primary agenda items include the approval for establishing a Wholly Owned Foreign Subsidiary (WOFS) in the United Kingdom to expand international business. Additionally, the board will discuss a proposal for a preferential issuance of equity shares to non-promoters. This issuance is in lieu of acquiring stakes in Market Simplified India Limited (5.66%) and WEXL EDU Private Limited (21.66%). The company also informed that the trading window will be closed from June 16, 2026, until 48 hours after the board meeting concludes.