GACM Technologies Limited — Board Meeting, 19-02-2025: Outcome of Board Meeting

The Board of Directors of GACM Technologies Limited has approved the withdrawal and cancellation of the allotment of convertible equity warrants on a preferential basis due to a significant price difference between the allotment price and the market price at the time of allotment. Additionally, Ms. Sai Naga Kathyayani Mugata has been appointed as an Additional Non-Executive and Non-Independent Director, bringing over eight years of experience in Information Technology. Furthermore, Mr. Mugatha Narendra Babu has been designated as Executive Director & CFO, transitioning from his previous role as Non-Executive Non-Independent Director.