Minerva Ventures Fund Acquires 9.08% Stake in GACM Technologies
Minerva Ventures Fund has disclosed a substantial acquisition of 14,50,00,000 equity shares in GACM Technologies Limited, representing 9.08% of the total share capital. The acquisition was made through a Qualified Institutions Placement (QIP). This move significantly increases Minerva Ventures Fund's holding in GACM Technologies, which is listed on both BSE Limited and the National Stock Exchange of India Limited. The acquired shares rank pari passu with existing equity shares. The acquisition date is noted as August 14, 2026, subject to final allotment confirmation.
Key Highlights
- Minerva Ventures Fund acquired 14.5 crore shares in GACM Technologies.
- The acquisition represents 9.08% of the company's total share capital.
- The transaction was executed via a Qualified Institutions Placement (QIP).
- GACM Technologies is listed on BSE and NSE.
- The acquired shares have equal rights to existing equity shares.
Price Impact
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