- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
The Right Issue Committee of GACM Technologies Limited has approved a rights issue of fully paid-up equity shares and equity DVR shares. The total issue amount is capped at Rs. 50 Crores, with 42,32,83,900 equity shares and 7,35,26,112 DVR shares proposed to be issued at an issue price of Rs. 1.00 each. The record date for eligibility is set for April 26, 2025, with the rights issue opening on May 6, 2025, and closing on June 2, 2025. Eligible shareholders will receive 51 shares for every 82 shares held. Post-issue, the outstanding shares will increase to approximately 1,10,38,58,014 equity shares and 19,17,44,566 DVR shares, assuming full subscription. This rights issue presents a strategic opportunity for capital raising and may enhance liquidity and financial flexibility. Watch closely for market reactions and shareholder participation.