ALPHA TRIBE

GACM Technologies LimitedOthers, 19-06-2025: Copy of Newspaper Publication

19-06-2025 | 11:30 am

GACM Technologies Limited has announced a board meeting to finalize the financial results for the quarter and half-year. The Company completed allotment of 42.21 Cr fully paid-up rights equity shares and 7.14 Cr EQ-DVR shares at ₹1 each, aggregating ₹49.36 Cr, following a rights issue to eligible shareholders in the ratio of 51 rights shares for every 82 equity and EQ-DVR shares held. All valid applications were allotted shares, and equity shares have been credited to demat accounts. The shares are now listed and tradable on BSE and NSE in dematerialized form. Investors are advised about trading and transfer restrictions applicable to certain jurisdictions, including the United States.

Separately, legal notices confirm ongoing court proceedings involving recovery and ownership disputes over properties related to certain individuals connected with the company’s region of operations. These cases may affect stakeholders indirectly through legal or operational risks.

No comments yet. Be the first to comment!

All announcements from GACM Technologies Limited