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Incorporated in 1995, GACM Technologies Ltd provides financial consultancy and financial technology-related services
GACM Technologies' Board approved raising up to Rs 200 Cr via QIP/ADR/GDR/FCCBs and increasing authorized capital to Rs 1,000 Cr. They also greenlit acquiring a 23.64% stake in WEXL EDU Ltd via a Rs 127.60 Cr share swap and re-appointed key directors/auditors.
GACM Technologies' board approved acquiring a 23.64% stake in WEXL EDU via a ₹127.60 Cr share swap. They also plan to raise up to ₹200 Cr through QIP/ADR/GDR/FCCB and increase authorized share capital to ₹1000 Cr, all pending shareholder nod. Key director re-appointments were also approved.