GACM Technologies Limited — Others, 31-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

GACM Technologies Limited has confirmed there are no deviations or variations in the use of proceeds from their recently completed Rights Issue, which raised ₹39.94 crore. This statement, reviewed by the Audit Committee, reflects a strict adherence to the intended use outlined in their July 2024 offer letter. The funds have been primarily allocated towards capital expenditures for software, hardware, and repayments. This clarity enhances investor confidence, indicating strong governance and financial discipline, potentially contributing to a positive outlook for investor sentiment moving forward.