GACM Technologies Limited — Others, 07-01-2025: Corrigendum

GACM Technologies Limited has announced a board meeting outcome where it approved a rights issue of fully paid ordinary equity shares and DVR shares for an aggregate amount not exceeding ₹49.90 Crores (cr) to existing shareholders. The Rights Issue Committee has been authorized to manage the necessary actions for this issuance. Additionally, the board appointed A.K. Rastogi & Associates as the Secretarial Auditor for the financial year 2024-25.

This rights issue presents potential capital infusion, which could enhance liquidity and support growth initiatives, positively influencing investor sentiment. The appointment of a seasoned auditor may bolster governance standards, further reassuring shareholders.