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

09-07-2025 | 05:12 pm

GACM Technologies Limited has announced a board meeting on which it approved the financial results for the quarter and half-year ended June 30, 2025. Consolidated revenue stood at ₹691.55 lakh with a net profit of ₹324.30 lakh for the quarter, showing healthy growth year-on-year. The board approved raising up to ₹200 crore via Qualified Institutional Placement (QIP) to fund growth plans. Progress was noted on a proposed share-swap deal involving stakes in MSIL (16%) and WeXL Edu (30%). Independent Director Mr. Venkateshwar Nellutla resigned due to pre-occupation. Overall, the company is focused on capital infusion and strategic partnerships to scale operations.

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