Stampede Capital Ltd - DVR

GACM Technologies Ltd has filed its 31st Annual Report for the Financial Year 2025-26. The report details the company's corporate information, chairman's message, notice of the 31st Annual General Meeting (AGM), director's report with various annexures including financial statements and audit reports, and corporate governance disclosures. The AGM is scheduled for September 30, 2026, to be held via video conferencing. The report highlights the company's performance amidst challenges, emphasizing progress, stakeholder value, and a commitment to becoming a more robust organization. Key personnel and registered office details are also provided, along with information on auditors, share transfer agents, and bankers.

GACM Technologies Ltd announced its 31st Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 12:30 PM IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Key agenda items include the adoption of audited standalone and consolidated financial statements for FY2026, re-appointment of statutory auditors M/s. Gorantla & Co. for five years, and the re-appointment of Mr. Jonna Venkata Tirupati Rao as a director liable to retire by rotation. Additionally, a special business item proposes the re-appointment of Mr. Jonna Venkata Tirupati Rao as Managing Director for five years from November 27, 2026, with specific remuneration terms.

GACM Technologies Ltd's Board of Directors met on September 8, 2026, approving a revised list of allottees and the number of equity shares for a preferential issue. This issuance, structured as a share swap, is in consideration for acquiring a stake in WEXL EDU Limited. The company also approved the notice for its 31st Annual General Meeting for the Financial Year 2025-26. The preferential issue involves 1,202,634,840 equity shares at ₹1 each, totaling ₹120.26 Crores, to non-promoter, public category shareholders of WEXL EDU Limited.

GACM Technologies Ltd has announced a Board of Directors meeting scheduled for September 8, 2026. The primary agenda item is to consider and approve the revised list of allottees and the number of equity shares to be issued on a preferential basis. This issuance is in lieu of acquiring a stake in WEXL EDU Limited. The decision is subject to applicable statutory and regulatory approvals. Further details will be available on the company's website.

GACM Technologies Ltd announced a series of management re-appointments following a Board of Directors meeting on August 31, 2026. Mr. Jonna Venkata Tirupati Rao has been re-appointed as Managing Director for a five-year term and as a Director liable to retire by rotation. Mr. Srinivas Maya has been re-appointed as Whole-Time Director, and Mr. Chandra Sekhar Dasaka as Independent Director for a second term. The company also approved the re-appointment of statutory auditors and the appointment of internal auditors. Additionally, GACM Technologies plans to increase its authorized share capital and raise up to ₹200 Crores via QIP/ADR/GDR/FCCB, subject to shareholder approval. The company also intends to acquire a 23.64% stake in WEXL EDU Limited through a preferential issue (share swap).

GACM Technologies Ltd's Board of Directors met on August 31, 2026, approving several key appointments and corporate actions. The board re-appointed Mr. Jonna Venkata Tirupati Rao as Managing Director for a five-year term and Mr. Srinivas Maya as Whole Time Director. Mr. Chandra Sekhar Dasaka was re-appointed as Independent Director for a second term. The company also approved the re-appointment of statutory auditors and the appointment of an internal auditor. Significant corporate actions include a proposed increase in authorized share capital from ₹300 Crores to ₹1000 Crores and plans to raise up to ₹200 Crores via QIP/ADR/GDR/FCCB. Additionally, the company will issue equity shares on a preferential basis for acquiring a 23.64% stake in WEXL EDU Limited. The 31st Annual General Meeting date and draft annual report for FY25-26 were also approved.

GACM Technologies Limited has entered into a Memorandum of Understanding (MOU) with WINFLUENTIAL PRIVATE LIMITED, appointing GACM as the technology development partner for an AI-Powered Integrated Insurance Technology Super Platform. The estimated contract value is ₹250.0 million, to be executed over 18-24 months. This significant mandate, one of the largest for GACM, aligns with its strategy in applied AI and financial services technology. The project involves developing a comprehensive platform covering CRM, commission management, policy management, AI sales assistance, predictive analytics, and mobile applications, with a strong focus on cloud architecture and cybersecurity.

GACM Technologies Ltd has announced a Board of Directors meeting scheduled for August 31, 2026. The agenda includes several key items: re-appointment of directors including Mr. Jonna Venkata Tirupati Rao as Managing Director and Mr. Srinivas Maya as Whole Time Director, re-appointment of statutory auditors, and consideration of issuing equity shares to non-promoters on a preferential basis for acquiring a stake in WEXL EDU Limited. The meeting will also address the reclassification of authorized share capital, fixing dates for the 31st AGM and share swap, approving the annual report, and considering related party transactions and the appointment of an internal auditor. The company also plans to avail CDSL's e-voting platform services for the AGM.

GACM Technologies Limited has successfully completed a Qualified Institutions Placement (QIP), raising ₹49.50 crore by issuing equity shares. The placement saw strong participation from overseas institutional investors, including Mauritius-based Foreign Portfolio Investors (FPIs). The funds raised will strengthen the company's financial position, support strategic initiatives, and enhance its business development. The QIP involved the allotment of 49.50 crore equity shares at ₹1 each. Major allottees include Minerva Ventures Fund, Magnifica Global Opportunities VCC, and AL Maha Investment Fund PCC. This capital infusion is expected to provide greater flexibility for pursuing growth opportunities and expanding business operations.

GACM Technologies Ltd has issued a corrigendum to its placement document, announcing the appointment of 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 Infomerics to ensure independent monitoring and enhance transparency in the utilization of the net proceeds. Infomerics, a SEBI-registered credit rating agency, has consented to this role, which will involve monitoring fund utilization in accordance with SEBI ICDR Regulations and other applicable laws.