GACM Technologies Limited — Board Meeting, 09-07-2025: Outcome of Board Meeting

GACM Technologies has announced a board meeting on July 09, 2025, approving the financial results for the quarter and half-year. Consolidated revenue rose to ₹691.55 lakhs with a net profit of ₹324.30 lakhs, marking a notable improvement from last year. The company plans to raise up to ₹200 crore via Qualified Institutional Placement (QIP) to fuel growth initiatives. Progress continues on preferential share allotment through share swaps with MSIL (16% stake) and WeXL Edu (30% stake). Independent Director Mr. Venkateshwar Nellutla resigned citing pre-occupation. The company’s subsidiary, Gayiadi Fintech, reported a quarterly profit of ₹21.41 lakhs.