GACM Technologies Limited — Board Meeting, 20-12-2024: Outcome of Board Meeting

The Board of Directors of GACM Technologies Limited has made several key decisions during their recent meeting. They have decided to withdraw and cancel the allotment of preferential convertible equity warrants, previously approved due to significant price differences between the allotment and market prices. Additionally, Ms. Sai Naga Kathyayani Mugata has been appointed as an Additional Director in the capacity of Non-Executive and Non-Independent. Furthermore, Mr. Mugatha Narendra Babu has been designated as the Executive Director and CFO of the company. These changes may signal a shift in strategic focus for GACM Technologies moving forward.