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GACM Technologies Limited — AGM Information 2025
Sep 18, 2025
60715_rns_2025-09-18_147199ab-99a8-46f0-895b-67d04d278086.pdf
AGM Information
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GACM TECHNOLOGIES LIMITED
Date : September 18, 2025
To, To, The Secretary, The Manager, Listing Department Listing Department, BSE Limited National Stock Exchange of India Limited P.J Towers, Dalal Street, Fort, Exchange Plaza, 5th Floor, Plot No. C/1, G Mumbai - 400 001 Block Bandra - Kurla Complex, Bandra (E), Mumbai - 400051, Maharashtra. SCRIP CODE: 531723 / 570005 SYMBOL: GATECH / GATECHDVR
Subject: Corrigendum to the Notice of 30th Annual General Meeting of the Company to be held on September 25, 2025
Ref: Our intimation dated September 03, 2025 relating to Notice of 30[th] Annual General Meeting and Annual Report of the Company for the FY ended March 31, 2025
Dear Sir/Madam,
In continuation to our earlier intimation dated August 26, 2025 September 03, 2025, we are submitting herewith the Corrigendum to the Notice of 30[th] Annual General Meeting (‘AGM’) of the Members of the Company scheduled to be held on Thursday, September 25, 2025 at 11:30 A.M (IST) through Video Conference/ Other Audio-Visual Means in accordance with the applicable circulars issued by Ministry of Corporate Affairs (‘MCA’) and the Securities and Exchange Board of India (‘SEBI’).
This Corrigendum is being issued by way of a clarification and is intended to form an integral part of the AGM Notice.
Members and other stakeholders are requested to read the AGM Notice in conjunction with this Corrigendum. All other contents of the AGM Notice save and except as clarified, modified or supplemented by this Corrigendum, shall remain unchanged.
The Corrigendum is being dispatched to the Members by electronic means on the email addresses registered with the Depository Participant(s)/ Company/ the Registrar and Share Transfer Agents of the Company. Copy of this Corrigendum will also be available on the website of the Company at https://gacmtech.com/
This may be treated as a disclosure under Regulation 30 and other applicable provisions of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended.
You are requested to take the same on record.
Thanking You, Yours faithfully,
For and on behalf of GACM Technologies Limited
Sujata Digitally signed by Sujata Suresh Suresh Jain Date: 2025.09.18 Jain 12:02:21 +05'30'
Sujata Suresh Jain
Company Secretary & Compliance Officer Membership No.: A59706 Place: Hyderabad
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
CORRIGENDUM TO THE NOTICE OF 30TH ANNUAL GENERAL MEETING
This Corrigendum is being issued to the Notice of 30[th] Annual General Meeting (AGM) of the Members of the Company scheduled on Thursday, September 25, 2025 at 11:30 A.M. (IST) through Video Conferencing (‘VC’) / Other Audio Visual Means (“OAVM”).
This Corrigendum to the Notice of AGM dated September 03, 2025 is being issued by way of a clarification and shall form an integral part of the Notice of AGM which has already been circulated to shareholders of Company on September 03, 2025. The Notice of the AGM shall always be read in conjunction with this Corrigendum.
Item No. 08 of the AGM Notice – Amendment to the resolution for approval for Issuance of equity shares of the company to non-promoters on preferential issue basis (share swap) in lieu of acquisition of 5.34% stake in Market Simpli�ied India Limited and 21.06% of stake in Wexl Edu Private Limited
The Members may note that there are amendments in the resolution and the explanatory statement based on the suggestions/ requirement of Stock exchange vide GATECH_821414760_09092025_115608_RL and GATECHDVR_388662440_11092025_122113_R_1
The revised resolution for Item no. 08 is enclosed as an Annexure A to this corrigendum for consideration and approval by the members of the company along with the explanatory statement to the resolution.
All concerned shareholders, Stock Exchanges, Depositories, Registrar and Share Transfer Agent, agency appointed for e-voting and all other concerned persons are requested to take note of the above change.
This Corrigendum shall also be available at the website of the Company at https://gacmtech.com/ and on the website of BSE Limited at www.bseindia.com and on the website of National Stock Exchange of India Limited at www.nseindia.com where the shares of the Company are listed.
All other contents of the AGM Notice save and except as clarified, modified or supplemented by this Corrigendum, shall remain unchanged
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
Item No. 09 of the AGM Notice – Amendment to the resolution for approval Raising Funds by way of Qualified Institution Placement (QIP) / Foreign Currency Convertible Bonds (“FCCBS”), for an Aggregate Amount Up To USD 110 Million (Equivalent to Approximately INR 1,000 Crore):
The Members may note that the Company does not intend to raise funds by the way of Foreign Currency Convertible Bonds (“FCCBS”). Accordingly, reference to “Foreign Currency Convertible Bonds (“FCCBS”)” in the resolution is being deleted.
The revised resolution for Item no. 09 is enclosed as an Annexure B to this corrigendum for consideration and approval by the members of the company. For more information on the said agenda item, kindly refer explanatory statement of the AGM Notice dated September 03, 2025.
All concerned shareholders, Stock Exchanges, Depositories, Registrar and Share Transfer Agent, agency appointed for e-voting and all other concerned persons are requested to take note of the above change.
This Corrigendum shall also be available at the website of the Company at https://gacmtech.com/ and on the website of BSE Limited at www.bseindia.com and on the website of National Stock Exchange of India Limited at www.nseindia.com where the shares of the Company are listed. All other contents of the AGM Notice save and except as clarified, modified or supplemented by this Corrigendum, shall remain unchanged.
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
ANNEXURE A
- 8. TO CONSIDER AND APPROVE ISSUANCE OF EQUITY SHARES OF THE COMPANY TO NON PROMOTERS ON PREFERENTIAL ISSUE BASIS (SHARE SWAP) IN LIEU OF ACQUISITION OF 5.09% STAKE IN MARKET SIMPLIFIED INDIA LIMITED AND 20.83% OF STAKE IN WEXL EDU PRIVATE LIMITED.
“ RESOLVED THAT pursuant to the provisions of Sections 42, 62(1)(c) and other applicable provisions, if any, of the Companies Act, 2013 (hereinafter referred to as the “Act”) read with the Companies (Prospectus and Allotment of Securities) Rules, 2014, as amended and the Companies (Share Capital and Debentures) Rules, 2014, as amended and other relevant rules made there under {including any statutory modification(s) thereto or reenactment thereof for the time being in force}, enabling provisions in Memorandum and Articles of Association of the Company, provisions of the uniform listing agreements entered into by the Company with the stock exchanges where the shares of the Company are listed {“Stock Exchange(s)”}, and in accordance with the guidelines, rules and regulations of the Securities and Exchange Board of India (“SEBI”), as amended including the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”), the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and in accordance with other applicable rules, regulations, circulars, notifications, clarifications and guidelines issued thereon, from time to time, by the Ministry of Corporate Affairs, SEBI and / or any other competent authorities, and subject to the approvals, consents, permissions and / or sanctions, as may be required from the Government of India, SEBI, Stock Exchange(s) and any other relevant statutory, regulatory, governmental authorities or departments, institutions or bodies and subject to such terms, conditions, alterations, corrections, changes, variations and / or modifications, if any, as may be prescribed by any one or more or all of them in granting such approvals, consents, permissions and / or sanctions and which may be agreed by the board of directors of the Company (hereinafter referred to as the “Board” which terms shall be deemed to include any committee duly constituted by the Board or any committee, which the Board may hereafter constitute, to exercise one or more of its powers, including the powers conferred hereunder), the consent of the members of the company be and is hereby accorded to the Board to create, issue, offer and allot, on a preferential basis, up to which is not less than the floor price determined in accordance with Chapter V of the ICDR Regulations (“Subscription Shares”), determined in accordance with the provisions of Chapter V of SEBI ICDR Regulations, for consideration other than cash towards payment of the total purchase consideration of Market Simplified India Limited will be allotted with 80 equity shares of the company (80:1) as per Allottee Table C and for every share held in WEXL EDU Private Limited will be allotted with 120 equity shares with ordinary voting rights of the company (120:1) as per Allottee Table B and 120 equity shares with Differential Voting Rights of the company (120:1) as per Allottee Table A which is not less than the floor price determined in accordance with Chapter V of the ICDR Regulations (“Subscription Shares”), determined in accordance with the provisions of Chapter V of SEBI ICDR Regulations, for consideration other than cash towards payment of the total purchase consideration payable by the Company to Market Simplified India Limited & WEXL EDU Private Limited, (“Proposed Allottee”), on such terms and conditions as the Board may think fit.
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| Allottee Table A | Allottee Table A | ||
|---|---|---|---|
| Maximum Nos. of Equity Shares to be allotted by way of swap shares in the swap ratio of 120:1 ( DVR Shares) |
|||
| No. of shares held by the respective allottees in WEXL EDU private Limited |
|||
| Name of the existing Shareholder of M/s . WEXL EDU Private Limited / Proposed Allottees |
|||
| S.No | |||
| 1. |
KALIDAS CHINTA | 115,685 | 13,882,200 |
| 2. |
RAGHAVENDRA RAO POTLURI | 97,818 | 11,738,160 |
| 3. |
RAJENDRA KUMAR | 29,412 | 3,529,440 |
| 4. |
NEELAMMA | 29,412 | 3,529,440 |
| 5. |
SPRIYA | 25,411 | 3,049,320 |
| 6. | USHA GUPTA (AVINASH PRADHAN) |
2,823,600 | |
| 23,530 | |||
| 7. | VANKAYALA NARENDRA KUMAR |
1,411,800 | |
| 11,765 | |||
| 8. |
PARESH KAPADE | 11,765 | 1,411,800 |
| 9. |
SHITAL KAPADE | 11,765 | 1,411,800 |
| 10. | KRISHNA VEERA VENKATA CHOKKAKULA |
1,411,800 | |
| 11,765 | |||
| 11. |
CHANDRA ARUNACHALAM | 8,235 | 988,200 |
| 12. |
MAINA BALDOTA | 7,059 | 847,080 |
| 13. | KURUGANTI VENKAT SHIVANAND REDDY |
5,602,320 | |
| 46,686 | |||
| 14. |
SRINIVAS RAO PANTANGAY | 134,798 | 16,175,760 |
| 15. | PANKAJ JAIPRAKASH KANKATTI |
2,823,600 | |
| 23,530 | |||
| 16. |
M THOYAJA RAO | 12,353 | 1,482,360 |
| 17. |
SURENDERJAIN | 11,765 | 1,411,800 |
| 18. | BOMMA GYANESHWAR NAETHA |
1,016,520 | |
| 8,471 | |||
| 19. |
ANIL KUMAR BHALLA | 5,883 | 705,960 |
| 20. |
D CHANDRASHEKAR | 5,882 | 705,840 |
| 21. |
NIRMALA VYAS | 4,706 | 564,720 |
| 22. |
MARUPUDI SRAVANI | 20,832 | 2,499,840 |
| 23. |
VISHALSAI KUNNAPAREDDY | 10,000 | 1,200,000 |
| 24. |
PRIYAJAISHANKAR | 7,412 | 889,440 |
| 25. |
VALLELA PAVANKUMAR REDDY | 8,647 | 1,037,640 |
| 26. |
KURUKUNDA KIRAN KUMAR | 3,824 | 458,880 |
| 27. |
ASHOK PANDURANG AKADE | 5,883 | 705,960 |
| 28. |
ABHIMANYU KHURANA | 41,176 | 4,941,120 |
| 29. |
MANVENDRA SINGH | 11,763 | 1,411,560 |
| 30. |
KRISHAN KUMAR RAWAT | 8,236 | 988,320 |
| 31. |
SAMBI REDDY BOMMAREDDY | 2,470 | 296,400 |
| 32. |
BOMMAREDDY VIJAYA | 2,470 | 296,400 |
| 33. |
N KARUNA REDDY | 6,000 | 720,000 |
| 34. |
S PADMALAYA DEVI | 5,294 | 635,280 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| 35. | SHRADDHA LAXMIKANT AGGARWAL |
846,960 | |
|---|---|---|---|
| 7,058 | |||
| 36. |
VARANASI ASHA | 3,294 | 395,280 |
| 37. |
GOUTAM BETALA | 2,353 | 282,360 |
| 38. |
SUNIL KUMAR PATCHAVA | 3,529 | 423,480 |
| 39. |
SUREKHA MAHESH SHAH | 11,765 | 1,411,800 |
| 40. | POLAMARASETTY PRATAP KUMAR |
705,840 | |
| 5,882 | |||
| 41. |
GANESH BABURAO KAMBLE | 2,941 | 352,920 |
| 42. |
SAWITRI KUMARI PARMAR | 3,530 | 423,600 |
| 43. |
NATESH KOLUSU | 2,824 | 338,880 |
| 44. |
UTKARSH SINGH BAIS | 7,059 | 847,080 |
| 45. |
KRUPANAND MANDALA | 2,353 | 282,360 |
| 46. |
GOPAL SOMANI | 2,353 | 282,360 |
| 47. |
MUDHIGONDA RUKMINI | 2,188 | 262,560 |
| 48. |
HARSHA P S | 2,353 | 282,360 |
| 49. |
SHRADDHA SENGAR | 2,353 | 282,360 |
| 50. |
SOURABH SINGH SENGAR | 1,176 | 141,120 |
| 51. |
NIKHILESH M | 8,333 | 999,960 |
| 52. | VEERA VENKATA SATYA PRASAD UPPULURI |
282,360 | |
| 2,353 | |||
| 53. |
PRADIP BHIKAJI WAGHMARE | 4,118 | 494,160 |
| 54. |
SATISHNOOKIREDDY | 2,353 | 282,360 |
| 55. |
PRABURAJ GEORGE | 1,176 | 141,120 |
| 56. |
SAURABH MUDGAL | 5,882 | 705,840 |
| 57. |
GANESHBABU NALINI | 3,529 | 423,480 |
| 58. |
CHIDAMBARAKUMARASAMY | 1,176 | 141,120 |
| 59. |
ASHISH VERMA | 2,353 | 282,360 |
| 60. |
PARIDALA HARSHA VARDHAN | 7,059 | 847,080 |
| 61. |
SARAVANA KUMAR N | 5,882 | 705,840 |
| 62. |
SUGUMAR | 2,941 | 352,920 |
| 63. |
SARANYA G | 2,353 | 282,360 |
| 64. |
KUMPATLAJAINENDHRASAI | 3,529 | 423,480 |
| 65. |
DULAM RAVIKANTH | 1,666 | 199,920 |
| 66. |
PUDI PRADEEP | 166,666 | 19,999,920 |
| 67. |
LAXMI EXPORTS | 208,333 | 24,999,960 |
| 68. |
BHARATH PALATLA | 625,000 | 75,000,000 |
| 69. | PEMMANABOYINA UDAYA MANIKANATA |
9,999,960 | |
| 83,333 | |||
| 70. |
NARESH KODURU | 50,000 | 6,000,000 |
| 71. |
JYOTHI MUGATHA | 3,120 | 374,400 |
| 72. |
YEDDUANUDEEPU | 2,259 | 271,080 |
| 73. |
JAYADURGA PASUPU | 2,003 | 240,360 |
| 74. |
DHARMARAO PASUPU | 2,971 | 356,520 |
| 75. |
AYUSH TANEJA | 12,404 | 1,488,480 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| 76. | ASHOK BASABANNAYA VASTRAD |
601,440 | |
|---|---|---|---|
| 5,012 | |||
| 77. | CHANDRASEKHAR SITARAMA MALLELA |
1,835,280 | |
| 15,294 | |||
| 78. |
PEDDI NAVEEN KUMAR | 7,059 | 847,080 |
| 79. |
VINITHA TANDRA | 7,059 | 847,080 |
| 80. |
RAJENDAR GARIGANTI | 35,294 | 4,235,280 |
| 81. |
KARUMURI MADHAV | 10,000 | 1,200,000 |
| 82. |
NARMADA NADADHURI | 4,706 | 564,720 |
| 83. |
K N SUMITHRA | 9,412 | 1,129,440 |
| 84. | MAHADHAATRI TOWNSHIPS PRIVATE LIMITED |
119,165 | 14,299,800 |
| 85. | BURUGUPALLI JHANSI LAKSHMI |
18,006 | 2,160,720 |
| 86. |
RELANGI NARAYANA | 48,521 | 5,822,520 |
| 87. |
T PADMAJASAIVALLI | 1,176 | 141,120 |
| 88. |
KADALICHANDRASHEKHAR | 2,960 | 355,200 |
| 89. |
POOJA RANI | 2,353 | 282,360 |
| 90. |
RAJESH SRINIVAS | 2,353 | 282,360 |
| 91. |
JAYASUDHA R | 1,765 | 211,800 |
| 92. |
DIVYA UPADHYAY | 1,176 | 141,120 |
| 93. | DEELIP NANAKRAM PARASWANI |
5,882 | 705,840 |
| 94. |
PRAKASH KUMARJAIN | 1,176 | 141,120 |
| 95. |
MOHIT GUPTA | 3,529 | 423,480 |
| 96. |
SHALINI LAXMAN | 12,353 | 1,482,360 |
| 97. |
AJAY KUMAR TIWARI | 2,941 | 352,920 |
| 98. |
SALMA VISHWANATHAN | 4,517 | 542,040 |
| 99. |
PRAVEEN KAUSHIK | 1,176 | 141,120 |
| 100. |
AAKASH JAIN | 5,882 | 705,840 |
| 2,374,273 | 284,912,760 | ||
| Allottee Table B | |||
| Maximum Nos. of Equity Shares to be allotted by way of swap shares in the swap ratio of 120:1 (Equity Shares) |
|||
| No. of shares held by the respective allottees in WEXL EDU private Limited |
|||
| Name of the existing Shareholder of M/s . WEXL EDU Private Limited / Proposed Allottees |
|||
| S.No | |||
| 1. | KISHORE KUMAR KURAKULA | 11,765 | 1,411,800 |
| 2. | GORINTA PRAVEEN | 45,000 | 5,400,000 |
| 3. | THADIVADASRINIVASA RAO | 58,333 | 6,999,960 |
| 4. | SERU MAHENDRAVARAPU LOKESH |
30,000 | 3,600,000 |
| 5. | REVU SAILAJA | 50,000 | 6,000,000 |
| 6. | BHARGAVI | 12,941 | 1,552,920 |
| 7. | SABITA GAVIRNENI | 45,000 | 5,400,000 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| 8. | LAVANYA GORINTA | 50,000 | 6,000,000 |
|---|---|---|---|
| 9. | AVM TECH ED SOLUTIONSPVT LTD |
4,800,000 | 576,000,000 |
| 10 | SRINIVASA RAJU KALIDINDI | 117,647 | 14,117,640 |
| 11 | REMESH THUVAYOORVARIAM | 34,705 | 4,164,600 |
| 12 | KISHORE KUMAR KURAKULA | 588,235 | 70,588,200 |
| 13 | PRIYA RAHUL MALU | 358,823 | 43,058,760 |
| 14 | LEO JOSEPH LEMOS | 14,171 | 1,700,520 |
| 15 | CHAVALI KRISHNAVENI | 6,470 | 776,400 |
| 16 | SATYA VENKATA RAMANA TELIDEVARA |
32,353 | 3,882,360 |
| 17 | KUNAPALLISATYA PRASAD | 23,530 | 2,823,600 |
| 18 | SATISH CHANDRA DEGAPUDI | 5,882 | 705,840 |
| 19 | MANISHSHAH | 5,882 | 705,840 |
| 20 | D RAM REDDY | 29,647 | 3,557,640 |
| 21 | MOHAN BABU JALUKURI | 177,648 | 21,317,760 |
| 22 | ANURADHA DENDI | 88,083 | 10,569,960 |
| 23 | AASHISH KUMAR | 39,530 | 4,743,600 |
| 24 | VARUN REDDY | 29,412 | 3,529,440 |
| 25 | VAIBHAV REDDY PAPIREDDY | 29,412 | 3,529,440 |
| 26 | SANJANA DENDI | 29,400 | 3,528,000 |
| 27 | SNEHA DENDI | 29,400 | 3,528,000 |
| 28 | SWAPNA TUMALA | 29,412 | 3,529,440 |
| 29 | THOTAGOVIND | 11,765 | 1,411,800 |
| 30 | GORINTAVIJAYA BABU | 50,000 | 6,000,000 |
| 31 | PRAVALLIKA TIRUMALASETTY | 10,677 | 1,281,240 |
| 6,845,123 | 821,414,760 |
| Allottee Table C | Allottee Table C | ||
|---|---|---|---|
| No. of shares held by the respective allottees in Market Simpli�ied India Limited |
|||
| Maximum Nos. of Equity Shares to be allotted by way of swap shares in the swap ratio of 80:1 ( DVR Shares ) |
|||
| Name of the existing Shareholder of M/s . Market Simpli�ied India Limited / Proposed Allottees |
|||
| S.No | |||
| 1 | PANKAJ JAIPRAKASH KANKATTI | 323,076 | 25,846,080 |
| 2 | MADURANTAKAM DHANDAPANI SENTHILNATHAN |
5,600,000 | |
| 70,000 | |||
| 3 | RAMA KRISHNA VENKATA SESHADRI PIDDAPARTHY |
4,000,000 | |
| 50,000 | |||
| 4 | K S T RAJESH SUNDAR | 45,000 | 3,600,000 |
| 5 | JAYADEV GANUGAPATI | 20,000 | 1,600,000 |
| 6 | DILIP DATTATRAY JOSHI | 20,000 | 1,600,000 |
| 7 | KRISHNA VEERA VENKATA CHOKKAKULA SATYANARAYANA |
1,360,000 | |
| 17,000 | |||
| 8 | KST MADHUMATHI | 15,000 | 1,200,000 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| 9 | VIDHYA THANARAJAN | 15,000 | 1,200,000 |
|---|---|---|---|
| 10 | SESHAGIRI RAO ANNANGI | 12,308 | 984,640 |
| 11 | K VARA PRASADA RAO | 11,538 | 923,040 |
| 12 | MANAS | 11,000 | 880,000 |
| 13 | JAYARAMAN B | 10,933 | 874,640 |
| 14 | SOWJANYAJABISETTY | 10,000 | 800,000 |
| 15 | CHANDRASEKHAR SITARAMA MALLELA |
800,000 | |
| 10,000 | |||
| 16 | K G SURESHRAO | 10,000 | 800,000 |
| 17 | SAHAB SINGH RATHI | 8,621 | 689,680 |
| 18 | ARPANRATHI | 8,621 | 689,680 |
| 19 | DURGA SRINIVAS NADELLA | 8,500 | 680,000 |
| 20 | SRINIVASRAOPANTANGAY | 200,000 | 16,000,000 |
| 21 | GOUTHAM JAIN & SONS (HUF) | 25,000 | 2,000,000 |
| 22 | TARANATH V SHETTY | 7,150 | 572,000 |
| 23 | KSTHANARAJAN | 15,000 | 1,200,000 |
| 24 | CHANDRASEKHARGEETHA | 1,000 | 80,000 |
| 25 | VALLELA PAVANKUMAR REDDY | 13,333 | 1,066,640 |
| 26 | ALLURI MASTHAN SURYANARAYANA RAJU |
655,680 | |
| 8,196 | |||
| 27 | RAGHAVAN SRINIVASAN | 40,900 | 3,272,000 |
| 28 | A VIJAYANARAYANAN | 2,857 | 228,560 |
| 29 | R THENSUBHA | 10,000 | 800,000 |
| 30 | THANARAJAN RAJESHSUNDAR VIHRTESHWAR |
3,200,000 | |
| 40,000 | |||
| 31 | MOHAN KUMAR DOSHI | 5,000 | 400,000 |
| 32 | SHONALI ASHWIN VALSANGKAR | 20,000 | 1,600,000 |
| 33 | MOHAN BABU JALUKURI | 7,142 | 571,360 |
| 34 | SHRIYANKA PRAVEEN | 8,333 | 666,640 |
| 35 | KEDARNATH RACHAPALLI | 8,333 | 666,640 |
| 10,88,841 | 8,71,07,280 |
“RESOLVED FURTHER THAT the 'Relevant Date', as per the provisions of Chapter V of the SEBI ICDR Regulations for the purpose of determining the minimum issue price of the Equity Shares proposed to be allotted to the above mentioned allottees is Tuesday, August 26, 2025 i.e., being the date, which is 30 days prior to the date of the Annual General Meeting of the shareholders of the Company scheduled to be held, i.e., Thursday, September 25, 2025.”
RESOLVED FURTHER THAT aforesaid issue of equity shares shall be subject to the following terms and conditions:
a) The Equity Shares so offered, issued and allotted to the Proposed Allottees, shall be issued by the Company for consideration other than cash (swap of equity shares);
b) The Equity Shares shall be allotted within a period of 15 days from the date of passing of this resolution, provided that if any approval or permission by any regulatory authority/ Stock Exchanges/ the Central Government for allotment is pending, the period of 15 days shall be counted from the date
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
of receipt of such approval or permission;
c) The Equity Shares shall be allotted by the Company to the Proposed Allottees (i.e. the shareholders of target company) in de-materialized form within the time prescribed under the applicable laws;
d) The Equity Shares to be allotted shall be fully paid-up and shall be subject to the provisions of the Memorandum and Articles of Association of the Company and shall rank pari-passu with the existing equity shares of the Company in all respects including the payment of dividend and voting rights from the date of allotment thereof.
e) The pre-preferential allotment holding of the Proposed Allottees, if any and Equity Shares to be allotted shall be subject to lock-in as specified in the provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018; and
f) The Equity Shares to be issued and allotted pursuant to the Preferential Issue shall be listed and traded on the Stock Exchanges subject to receipt of necessary regulatory permissions and approvals as the case may be.
RESOLVED FURTHER THAT the Board be and is hereby authorized to accept any modification(s) in terms of the issue of Equity Shares, subject to the provisions of the Act and the SEBI (ICDR) Regulations, without being required to seek any further consent or approval of the Members.
RESOLVED FURTHER THAT any rights or Bonus shares or any entitlements which may arise pursuant to the said allotted shares shall have the same effect including lock-in period, as that of the Equity Shares issued pursuant to the said preferential issue and also shall be liable for further lock-in for such other period as may be mutually agreed by the Company and the Proposed Allottees
RESOLVED FURTHER THAT pursuant to the provisions of the Act, the name of the Proposed Allottees be recorded for the issuance of invitation to subscribe to the Equity Shares and a private placement offer letter in Form No. PAS-4 together with an application form be issued to the Proposed Allottee inviting them to subscribe to the Equity Shares by way of swap of shares, as the case may be.
RESOLVED FURTHER THAT for the purpose of giving effect to this resolution, the Board of Directors of the Company and/or any Committee constituted by the Board for this purpose and/or Managing Director and/or Company Secretary & Compliance Officer of the Company be and are hereby authorized severally on behalf of the Company to do all such acts, deeds, matters and things as it may in its absolute discretion consider necessary, desirable or expedient, including without limitation to make application to Stock Exchange for obtaining of in-principle approval, listing of shares, filing of requisite documents with the Registrar of Companies, National Securities Depository Limited (NSDL), Central Depository Services (India) Limited (CDSL) and/ or such other authorities as may be necessary for the purpose, to resolve and settle any questions and difficulties that may arise in the proposed issue, offer and allotment of the said securities, to settle the difference amount, if any, in cash, towards payment of full enterprise value of Market
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
Simplified India Limited and Wexl Edu Private Limited, signing of all deeds and documents as may be required without being required to seek any further consent or approval of the shareholders/board, and/or any other matter which may be incidental hereto and connected herewith.
RESOLVED FURTHER THAT in connection with any of the foregoing resolutions, the Board of Directors/Committee(s) of the Board and/or Managing Director and/or Company Secretary & Compliance Officer of the Company be and are hereby severally authorized to execute and deliver any and all other documents, papers and to do or cause to be done any and all acts or things as may be necessary, appropriate or advisable in order to carry out the purposes and intent of the foregoing resolutions for the preferential issue; and any such documents so executed and delivered or acts and things done or caused to be done shall be conclusive evidence of the authority of the Company in so doing and any document so executed and delivered or acts and things done or caused to be done prior to the date hereof are hereby ratified, confirmed and approved as the acts and deeds of the Company, as the case may be .
RESOLVED FURTHER THAT for the purpose of giving effect to this Resolution, the Board of Directors of the Company be and is hereby authorized severally to settle any question, difficulty or doubt that may arise in this regard and also to delegate to the extent permitted by law, all or any of the powers herein conferred to any committee of directors or the Managing Director or any director(s) or any other Key Managerial Personnel or any other officer(s) of the Company .”
- 8. TO CONSIDER AND APPROVE ISSUANCE OF EQUITY SHARES OF THE COMPANY TO NON PROMOTERS ON PREFERENTIAL ISSUE BASIS (SHARE SWAP) IN LIEU OF ACQUISITION OF 5.09% STAKE IN MARKET SIMPLIFIED INDIA LIMITED AND 20.83% OF STAKE IN WEXL EDU PRIVATE LIMITED
The Members are must have learnt from the media or stock exchange �ilings, or any other sources that the Board of Directors of the Company, in its meeting held on August 22, 2025 and adjourned on August 26, 2025, has approved the acquisition of 5.09% stake in Market Simpli�ied India Limited and 20.83% of Stake in WEXL EDU Private Limited (“Target Company”) from its existing shareholders through swap of shares for an agreed enterprise value of Rs. 119.34 Crores. As a purchase consideration for the said acquisition, the Company has proposed to allot its equity shares to the shareholders of the target company through Preferential allotment (swap of shares).
M/s. WEXL EDU Private Limited is a fast-growing education technology �irm engaged in delivering AI-enabled academic solutions across India. It focuses on scalable, personalized learning and assessment platforms with national-level implementation potential. The acquisition is aimed to integrate and strengthen the supply chain for company’s Infrastructural, whereas M/s. Market Simpli�ied India Limited is a thought leader in revolutionizing and digitizing products for �inancial institutions by continuously innovating and simplifying. The acquisition �inance enabled the company to position itself as a thought leader when it comes to Digital Customer Experience, API & Middleware Servicing, QA Automation & Security, Infrastructure, Cloud & Monitoring Support For acquisition of the equity shares of target company, the Board of Directors of your Company at its meeting held on August 26, 2025 decided to issue and allot up to 1193434800 Equity Shares with Ordinary and Differential Voting Rights of the Company having face value of Re. 1/- (Rupee One Only) at an issue price of Rs. 1/- (Rupees
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
One Only) per equity shares per share, on preferential basis to the existing shareholders of M/s. WEXL EDU Private Limited in proportion to their respective shareholding in the M/s. WEXL EDU Private Limited for consideration other than cash i.e., swap of Equity shares in the ratio of 120:1 i.e. every 120 (one Hundred Twenty) Equity Share or every 120 (one Hundred Twenty) DVR share of GACM Technologies Limited is being exchanged for one (1) Equity Share of the WEXL EDU Private Limited, towards the acquisition of 20.83% stake in M/s WEXL EDU Private Limited, and to the existing shareholders of M/s. Market Simpli�ied India Limited in proportion to their respective shareholding in the M/s. Market Simpli�ied India Limited for consideration other than cash i.e., swap of Equity shares in the ratio of 80:1 i.e. every 80 (Eighty) Equity Share of GACM Technologies Limited is being exchanged for one (1) Equity Share of the Market Simpli�ied India Limited, towards the acquisition of 5.09% stake in M/s Market Simpli�ied India Limited at the enterprise and combined total value of Rs. 119.34 Crores. It is pertinent to note that the Board further authorized to settle the difference amount, if any, in cash, towards payment of full enterprise value of WEXL EDU Private Limited and Market Simpli�ied India Limited.
The proposed Preferential Issue is to be issued to the persons belonging to “Non-Promoter Category” as per the details disclosed in the respective resolution. The preferential issue shall be made in terms of Chapter V of the SEBI ICDR Regulations, 2018 and applicable provisions of Companies Act, 2013. The said proposal has been considered and approved by the Board in its meeting held on August 22, 2025 and adjourned on August 26, 2025. The approval of the members is accordingly being sought by way of passing a ‘Special Resolution’ under Sections 42, and 62(1)(c) of the Companies Act, 2013, read with the rules made thereunder, and Regulation 160 of the SEBI ICDR Regulations for Item No. 8 of the Notice.
The details of the issue and other particulars as required in terms of Rule 14(1) of the Companies (Prospectus and Allotment of Securities) Rules, 2014, Rule 13 of the Companies (Share Capital and Debentures) Rules, 2014, in terms of BSE Notice No. 20221213-47 and NSE Circular No. NSE/CML/2022/56 dated December 13, 2022 with respect to the additional disclosures for objects of the issue and Regulation 163 of the SEBI (ICDR), Regulations are set forth below:
1. Particulars of the offer including date of passing of Board resolution, kind of Securities offered, maximum number of Securities to be issued, manner of issue of shares, class or classes of persons to whom allotment is proposed to be made and the Issue Price :
The Board of Directors at its meeting held on August 22, 2025 and adjourned on August 26, 2025 has, subject to the approval of the Members and such other approvals as may be required, approved the issuance and allotment of upto 1193434800 Equity Shares with Ordinary and Differential Voting Rights of the Company having face value of Re. 1/- (Rupee One Only) at an issue price of Rs. 1/- (Rupees One Only) per equity shares, on preferential basis to the existing shareholders of M/s. WEXL EDU Private Limited in proportion to their respective shareholding in the M/s. WEXL EDU Private Limited for consideration other than cash i.e., swap of Ordinary Equity shares and Differential Value Equity shares in the ratio of 120:1 i.e. every 120 (one Hundred Twenty) Equity Share of GACM Technologies Limited is being exchanged for one (1) Equity Share of the WEXL EDU Private Limited, towards the acquisition of 20.83% stake in M/s WEXL EDU Private Limited, and to the existing shareholders of M/s. Market Simpli�ied India Limited in proportion to their respective shareholding in the M/s. Market Simpli�ied India Limited for consideration other than cash i.e., swap of Equity shares in the ratio of 80:1 i.e. every 80 (Eighty) Equity Share with Differential Voting Rights of GACM Technologies Limited is being exchanged for one (1) Equity Share of the Market Simpli�ied India Limited, towards the acquisition of 5.09% stake in M/s Market Simpli�ied India Limited at the enterprise value of Rs. 119.34 Crores.
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
2. Objects of the Preferential Issue:
The Company decided to discharge the Purchase Consideration payable for the purpose of acquisition of the Target Company by acquiring 6845123 Equity Shares of Wexl by Swapping 821414760 Equity Shares with ordinary voting rights and 2374273 Equity Shares of Wexl by swapping 284912760 Equity shares with differential voting rights of Issuer company & 1088841 Equity Shares of MSIL by swapping 87107280 Equity shares with differential voting rights of issuer company, from the Proposed Allottees for consideration other than cash i.e., swap of Equity shares with Ordinary voting Rights or Differential Voting Rights of the Company as mentioned in resolution at Item No. 8 in this notice and explanatory statement, subject to SEBI ICDR Regulations and requisite approvals from stock exchanges and any other regulatory approvals, as may be applicable.
3. Relevant Date:
In terms of the provisions of Chapter V of the SEBI ICDR Regulations, the Relevant Date for determining the �loor price for the Preferential Allotment of equity shares is Tuesday, August 26, 2025 i.e., being the date, which is 30 days prior to the date of the Annual General Meeting of the shareholders of the Company scheduled to be held, i.e., Thursday, September 25, 2025.”
4. Basis on which the price has been arrived at and justi�ication for the price (including premium, if any);
The Equity Shares of the Company are listed National Stock Exchange of India Limited (NSE) and BSE Limited. The Equity Shares are frequently traded in terms of the SEBI ICDR Regulations and �loor price has been determined in accordance with the SEBI ICDR Regulations. NSE being the stock exchange with highest trading volume during preceding 90 trading days has been considered for the purpose of price determination.
In case of the frequently traded shares, as per Regulation 164(1) of the SEBI (ICDR) Regulations, 2018, a minimum issue price of the Equity Shares in preferential issue has to be calculated as under:
-
The 90 trading days volume weighted average price of the related equity shares quoted on the recognized stock exchange preceding the relevant date; or
-
the 10 trading days volume weighted average price of the related equity shares quoted on a recognized stock exchange preceding the relevant date; whichever is higher.
In terms of the provisions of Regulation 164 of the SEBI ICDR Regulations, the minimum price at which the equity shares may be issued computes to Rs. 1/- each.
Further, Method of determination of price as per the Articles of Association of the Company is not applicable as the Articles of Association of the Company are silent on the determination of a �loor price minimum price of the shares issued on preferential basis.
As the proposed allotment is more than 5% of the post issue fully diluted share capital of the company, to an allottee or to allottees acting in concert. Hence, in terms of Regulation 166A of SEBI ICDR Regulations, the Company has obtained a valuation report from an independent registered valuer for determining the price. The price determined through Valuation report of
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
Mr. Rambabu Gadiparthi, Registered valuer (IBBI/RV/06/2019/11111) i.e., Rs. 1/- per equity shares. The said report is available on the website of the Company at htps://gacmtech.com/fles/announcements/638936328757100131_GACM_-
_Valuaton_Report_compressed.pdf
The Valuation report and the List of Allottees along with the pricing was reviewed and recommended by the Committee of Independent Director in their meeting dated August 26, 2025.
Rationale for review by Committee of Independent Directors:
-
i. In line with the requirements of SEBI (ICDR) Regulations, 2018, and to ensure transparency and fairness, the Valuation Report, List of Allottees, and pricing were placed before the Committee of Independent Directors for their review and recommendation.
-
ii. The Independent Directors, being non-executive and not related to the proposed allottees, provide an additional layer of oversight to safeguard the interests of minority shareholders and to ensure that the preferential issue is undertaken at a fair and justifiable price.
-
iii. This practice also aligns with principles of good corporate governance and strengthens investor confidence in the process.
Confirmation on change in control:
-
i. We confirm that the proposed preferential allotment does not result in any change in control or management of the Company.
-
ii. The shareholding of the promoters and promoter group post-allotment will remain within the permissible thresholds, and no new entity or individual will acquire control over the Company pursuant to this issue.
In view of the above, the Board of the Company decided to issue equity shares to be allotted on preferential basis to the proposed allottees at Rs. 1/- (Rupees One Only) per equity shares being not less than the �loor price computed in accordance with Chapter V of the SEBI ICDR Regulations.
In view of the above, the Board of the Company decided to issue equity shares to be allotted on preferential basis to the proposed allottees at Rs. 1/- (Rupees One Only) per equity shares being not less than the �loor price computed in accordance with Chapter V of the SEBI ICDR Regulations.
5. Valuation Report of Target Company;
The valuation report of target companies Wexl Edu Private Limited and Market Simpli�ied India Limited was obtained from independent valuator Mr. Rambabu Gadiparthi Registered valuer (IBBI/RV/06/2019/11111).
6. Amount which the company intends to raise by way of such securities;
The shares are being allotted for a consideration other than cash as consideration payable for the acquisition as mentioned above.
7. Name and address of valuer who performed valuation
- Mr. Rambabu Gadiparthi, H. No. 40, 1[st] Floor, Model Colony, besides ESI Hospital, SR Nagar, Hyderabad - 500082, Telangana, Registered valuer (IBBI/RV/06/2019/11111)
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
8. Principal terms of Assets charged as securities : Not Applicable
9. The justi�ication for the allotment proposed to be made for consideration other than cash together with valuation report of the registered valuer:
The Company proposes to discharge the Purchase Consideration payable for the acquisition of the Target Company by acquiring 6845123 Equity Shares of Wexl by Swapping 821414760 Equity Shares with ordinary voting rights and 2374273 Equity Shares of Wexl by swapping 284912760 Equity shares with differential voting rights of Issuer company & 1088841 Equity Shares of MSIL by swapping 87107280 Equity shares with differential voting rights of issuer company, from the Proposed Allottees for consideration other than cash by issuance of Equity Shares on a preferential basis to the Proposed Allottees.
10. The intent of the promoters, directors or key management personnel of the issuer to subscribe to the offer:
None of the Promoters, Directors, Key Managerial Personnel and Senior Management of the Company intends to subscribe to any of the Equity Shares proposed to be issued under the Preferential Allotment
11. Contribution being made by the promoters or directors either as part of the offer or separately in furtherance of objects : Not Applicable
12. The Shareholding Pattern of the issuer before and after the preferential issue on fully diluted basis:
Shareholding Pattern of Equity shares with Ordinary Voting Rights:
| Post issue shareholding on fully diluted basis |
Post issue shareholding on fully diluted basis |
|||
|---|---|---|---|---|
| Pre-issue shareholding | ||||
| Partculars | ||||
| Shareholding | Shareholding | |||
| No. of shares | No. of shares | |||
| % | % | |||
| A. PROMOTER SHAREHOLDING 1. Indian a. Individuals/Hindu undivided Family b. State Government(s) c. Financial Insttutons/ Banks d. AnyOther(Bodies Corporate) |
0 0 0 0 10000000 |
- - - - 0.91 |
0 0 0 0 10000000 |
- - - - 0.52 |
| Sub-Total(A)(1) | 10000000 | 0.91 | 10000000 | 0.52 |
| 2. Foreign a. Individuals(Non-Resident Individuals/Foreign Individuals) b. Government c. Insttutons d. Foreign Portolio Investor e. AnyOther(specify) |
0 0 0 0 0 |
- - - - - |
0 0 0 0 0 |
- - - - - |
| Sub-Total(A)(2) | 0 | - | 0 | - |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected]
CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| Total Shareholding of Promoter and Promoter Group (A)=(A)(1)+(A)(2) |
10000000 | 0.91 | 10000000 | 0.52 |
|---|---|---|---|---|
| B. PUBLIC SHAREHOLDING 1. Insttutons a. Mutual Funds/ b. Venture Capital Funds c. Alternate Investment Funds d. Foreign Venture Capital Investors e. Foreign Portolio Investors f. Financial Insttutons/ Banks g. Insurance Companies h. Provident Funds/ Pension Funds i. AnyOther(Bodies Corporate) |
0 97000 0 0 0 2177176 0 0 0 0 |
- 0.01 - - - 0.20 - - - - |
0 97000 0 0 0 2177176 0 0 0 0 |
- 0.01 - - - 0.11 - - - - |
| Sub-Total(B)(1) | 2274176 | 0.21 | 2274176 | 0.12 |
| 2. Central Government/ State Government(s)/President of India |
0 | - | 0 | - |
| Sub-Total(B)(2) | 0 | - | 0 | - |
| 3. Non-insttutons a. Individuals - b. NBFCs registered with RBI c. Employee Trusts d. Overseas Depositories (holding DRs) (balancing fgure) e. Any Other (Trust) Non-Resident Indian (NRI) Bodies Corporate Clearing member HUF Foreign Portolio Investor (Corporate) |
1014752758 600000 0 0 0 736 11328852 49614324 900000 13271390 0 |
92.02 0.05 - - - 0.00 1.03 4.50 0.08 1.20 - |
1260167518 600000 0 0 0 736 11328852 625614324 900000 13271390 0 |
65.49 0.03 - - - 0.00 0.59 32.51 0.05 0.69 - |
| Sub-Total(B)(3) | 1090468060 | 98.89 | 1911882820 | 99.36 |
| Total Public Shareholding (B)= (B)(1)+(B)(2)+(B)(3) |
1092742236 | 99.09 | 1914156996 | 99.48 |
| C. NON PROMOTER- NON PUBLIC SHAREHOLDING 1. Custodian/DR Holder 2. Employee Beneft Trust 3. Total Non-Promoter- Non Public |
0 0 0 |
- - - |
0 0 0 |
- - - |
| Shareholding (C)=(C)(1)+(C)(2) | 0 | - | 0 | - |
| GRAND TOTAL(A+B+C) | 1102742236 | 100.00 | 1924156996 | 100.00 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
Shareholding Pattern of Equity shares with Differential Voting Rights:
| Post issue shareholding on fully diluted basis |
Post issue shareholding on fully diluted basis |
|||
|---|---|---|---|---|
| Pre-issue shareholding | ||||
| Partculars | ||||
| Shareholding | Shareholding | |||
| No. of shares | No. of shares | |||
| % | % | |||
| A. PROMOTER SHAREHOLDING 1. Indian a. Individuals/Hindu undivided Family b. State Government(s) c. Financial Insttutons/ Banks d. Any Other (Bodies Corporate) |
0 249 0 0 704 |
- 0.00 - - 0.00 |
0 249 0 0 704 |
- 0.00 - - 0.00 |
| Sub-Total (A)(1) | 953 | 0.00 | 953 | 0.00 |
| 2. Foreign a. Individuals(Non-Resident Individuals/Foreign Individuals) b. Government c. Insttutons d. Foreign Portolio Investor e. Any Other (specify) |
0 0 0 0 0 |
- - - - - |
0 0 0 0 0 |
- - - - - |
| Sub-Total (A)(2) | 0 | - | 0 | - |
| Total Shareholding of Promoter and Promoter Group (A)= (A)(1)+(A)(2) |
953 | 0.00 | 953 | 0.00 |
| B. PUBLIC SHAREHOLDING 1. Insttutons a. Mutual Funds/ b. Venture Capital Funds c. Alternate Investment Funds d. Foreign Venture Capital Investors e. Foreign Portolio Investors f. Financial Insttutons/ Banks |
0 24250 0 0 0 407987 0 |
- 0.01 - - - 0.22 - |
0 24250 0 0 0 407987 0 |
- 0.00 - - - 0.07 - |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| g. Insurance Companies h. Provident Funds/ Pension Funds i. Any Other(Bodies Corporate) |
0 0 0 |
- - - |
0 0 0 |
- - - |
|---|---|---|---|---|
| Sub-Total (B)(1) | 432237 | 0.23 | 432237 | 0.07 |
| 2. Central Government/ State Government(s)/ President of India |
0 | - | 0 | - |
| Sub-Total (B)(2) | 0 | - | 0 | - |
| 3. Non-insttutons a. Individuals - b. NBFCs registered with RBI c. Employee Trusts d. Overseas Depositories (holding DRs) (balancing fgure) e. Any Other (Trust) Non-Resident Indian (NRI) Bodies Corporate Clearing member HUF Foreign Portolio Investor (Corporate) |
177010394 0 0 0 0 559532 723232 8119925 0 2819621 0 |
93.33 - - - - 0.30 0.38 4.28 - 1.49 - |
509730674 0 0 0 0 559532 723232 47419685 0 2819621 0 |
90.75 - - - - 0.10 0.13 8.44 - 0.50 - |
| Sub-Total (B)(3) | 189232704 | 99.77 | 561252744 | 99.92 |
| Total Public Shareholding (B)= (B)(1)+(B)(2)+(B)(3) |
189664941 | 100.00 | 561684981 | 100.00 |
| C. NON PROMOTER- NON PUBLIC SHAREHOLDING 1. Custodian/DR Holder 2. Employee Beneft Trust 3. Total Non-Promoter- Non Public |
0 0 0 |
- - - |
0 0 0 |
- - - |
| Shareholding (C)= (C)(1)+(C)(2) | 0 | - | 0 | - |
| GRAND TOTAL (A+B+C) | 189665894 | 100.00 | 561685934 | 100.00 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
13. Proposed time limit within which the allotment shall be completed:
In terms of Regulation 170 of the SEBI ICDR Regulations, preferential allotment of said equity shares will be completed within a period of 15 (�ifteen) days from the date of passing of such resolution provided that where the issue and allotment of said equity shares is pending on account of pendency of any approval for such issue and allotment by the Stock Exchange(s) and/or Regulatory Authorities, or Central Government, the issue and allotment shall be completed within the period of 15 days from the date of last such approval or within such further period/s as may be prescribed or allowed by the SEBI, the Stock Exchange(s) and/or Regulatory Authorities etc.
14. Number of persons to whom allotment on preferential basis has already been made during the year, in terms of number of securities as well as price : NIL
15. The identity of the natural persons who are the ultimate bene�icial owners of the securities proposed to be allotted and/or who ultimately control the proposed allottee(s): Table of allottees with BO:
| Sr. No. |
NAME OF THE ALLOTTEE |
CATEGORY | TYPE OF SECURITIES |
ULTIMATE BENEFICIAL OWNER |
|---|---|---|---|---|
| 1 | AVM Tech Ed Solutions Private Limited |
Non-Promoter Public | Equity Shares | Mugata Punyavathi Lavanya Gorinta |
| 2 | Goutam Jain & Sons (Huf) |
Non-Promoter Public | Equity Shares with Differential Rights |
Goutam Jain |
| 3 | Mahadhaatri Townships Private Limited |
Non-Promoter Public | Equity Shares with Differential Rights |
Gopidesh Chandra Sekhar Rao |
| 4 | Laxmi Exports | Non-Promoter-Public | Equity Shares with Differential Rights |
R J Bharat Kumar |
All remaining Allottees ultimate bene�icial owners of the securities proposed is not applicable.
16. The percentage of post preferential issue capital that may be held by the allottee(s) and change in control, if any, in the issuer consequent to the preferential issue : No change in control post issue.
( The post issue holding percent is calculated taking into factor only equity shareholding with ordinary voting rights i.e. 1924156996)**
| Post-Preferental Holding on fully diluted basis |
Post-Preferental Holding on fully diluted basis |
|||||||
|---|---|---|---|---|---|---|---|---|
| Permanent Account |
Holding Pre- Preferental Issue |
No. of Equity |
||||||
| Sr. |
Name of the proposed |
|||||||
| Category | ||||||||
| No | allotee (s) | Number (PAN) |
No. of Shares |
shares to be alloted |
No. of Shares |
|||
| % | % | |||||||
| 1 | KISHORE KUMAR KURAKULA |
Non - Promoter |
AOOPK2018N | 89207 | 0.0081 | 1411800 | 1501007 | 0.0780 |
| 2 | GORINTA PRAVEEN | Non - Promoter |
IHDPP3470H | 0 | - | 5400000 |
5400000 | 0.2806 |
| 3 | THADIVADA SRINIVASA RAO |
Non - Promoter |
BOZPT4298F | 0 | - | 6999960 |
6999960 | 0.3638 |
| 4 | SERU MAHENDRAVARAPU LOKESH |
Non - Promoter |
BHVPL2529J | 0 | - | 3600000 |
3600000 | 0.1871 |
| 5 | REVU SAILAJA | Non - Promoter |
NSGPS1494R | 0 | - | 6000000 |
6000000 | 0.3118 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| 6 | BHARGAVI | Non - Promoter |
AHRPB3211E | 0 | - | 1552920 |
1552920 | 0.0807 |
|---|---|---|---|---|---|---|---|---|
| 7 | SABITA GAVIRNENI | Non - Promoter |
AKQPR6549F | 1000 | 0.0001 | 5400000 | 5401000 | 0.2807 |
| 8 | LAVANYA GORINTA | Non - Promoter |
COSPG1038L | 0 | - | 6000000 |
6000000 | 0.3118 |
| 9 | AVM TECH ED SOLUTIONSPVT LTD |
Non - Promoter |
AAWCA7824R | 0 | - | 576000000 | 576000000 | 29.9352 |
| 10 | SRINIVASA RAJU KALIDINDI |
Non - Promoter |
AGQPK9527J | 0 | - | 14117640 |
14117640 | 0.7337 |
| 11 | REMESH THUVAYOOR VARIAM |
Non - Promoter |
APTPR9243J | 0 | - | 4164600 |
4164600 | 0.2164 |
| 12 | KISHORE KUMAR KURAKULA |
Non - Promoter |
AOOPK2018N | 0 | - | 70588200 |
70588200 | 3.6685 |
| 13 | PRIYA RAHUL MALU | Non - Promoter |
AHAPM8646F | 0 | - | 43058760 |
43058760 | 2.2378 |
| 14 | LEO JOSEPH LEMOS | Non - Promoter |
ACUPL1237E | 0 | - | 1700520 |
1700520 | 0.0884 |
| 15 | CHAVALI KRISHNAVENI | Non - Promoter |
AASPC7830N | 0 | - | 776400 |
776400 | 0.0404 |
| 16 | SATYA VENKATA RAMANA TELIDEVARA |
Non - Promoter |
ABYPT1487D | 0 | - | 3882360 |
3882360 | 0.2018 |
| 17 | KUNAPALLI SATYA PRASAD |
Non - Promoter |
AHEPK4386J | 11000 | 0.0010 | 2823600 | 2834600 | 0.1473 |
| 18 | SATISH CHANDRA DEGAPUDI |
Non - Promoter |
AESPD7570E | 0 | - | 705840 |
705840 | 0.0367 |
| 19 | MANISH SHAH | Non - Promoter |
AEGPS6359N | 0 | - | 705840 |
705840 | 0.0367 |
| 20 | D RAM REDDY | Non - Promoter |
ABPPD9522N | 0 | - | 3557640 |
3557640 | 0.1849 |
| 21 | MOHAN BABU JALUKURI | Non - Promoter |
ACYPJ4541P | 0 | - | 21317760 |
21317760 | 1.1079 |
| 22 | ANURADHA DENDI | Non - Promoter |
AKUPD3926E | 0 | - | 10569960 |
10569960 | 0.5493 |
| 23 | AASHISH KUMAR | Non - Promoter |
ATIPK2909F | 0 | - | 4743600 |
4743600 | 0.2465 |
| 24 | VARUN REDDY | Non - Promoter |
AVZPD7619J | 0 | - | 3529440 |
3529440 | 0.1834 |
| 25 | VAIBHAV REDDY PAPIREDDY |
Non - Promoter |
ASTPP4161A | 0 | - | 3529440 |
3529440 | 0.1834 |
| 26 | SANJANA DENDI | Non - Promoter |
CELPB3575G | 0 | - | 3528000 |
3528000 | 0.1834 |
| 27 | SNEHA DENDI | Non - Promoter |
BCEPD9385G | 0 | - | 3528000 |
3528000 | 0.1834 |
| 28 | SWAPNA TUMALA | Non - Promoter |
CEKPS6249R | 0 | - | 3529440 |
3529440 | 0.1834 |
| 29 | THOTA GOVIND | Non - Promoter |
ARGPT5619M | 0 | - | 1411800 |
1411800 | 0.0734 |
| 30 | GORINTA VIJAYA BABU | Non - Promoter |
ANFPG0011M | 0 | - | 6000000 |
6000000 | 0.3118 |
| 31 | PRAVALLIKA TIRUMALASETTY |
Non - Promoter |
BPRPT6862G | 0 | - | 1281240 |
1281240 | 0.0666 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| No of Equity Shares alloted for Share- Swap |
||||||||
|---|---|---|---|---|---|---|---|---|
| Post-Preferental Holding on fully diluted basis |
||||||||
| Permanent Account Number (PAN) |
Holding Pre- Preferental Issue |
|||||||
| Sr. No |
Name of the proposed allotee(s) |
|||||||
| Category | ||||||||
| No. of Shares |
||||||||
| % | No of Shares | % |
||||||
| 1 | KALIDAS CHINTA | Non- Promoter |
AJDPC5913A | 0 | 0.0000 | 13882200 | 13882200 | 2.4715 |
| 2 | RAGHAVENDRA RAO POTLURI |
Non- Promoter |
AEMPP9732J | 0 | 0.0000 | 11738160 | 11738160 | 2.0898 |
| 3 | RAJENDRA KUMAR | Non- Promoter |
ANIPK6595M | 0 | 0.0000 | 3529440 | 3529440 | 0.6284 |
| 4 | NEELAMMA | Non- Promoter |
APDPN7742J | 0 | 0.0000 | 3529440 | 3529440 | 0.6284 |
| 5 | S PRIYA | Non- Promoter |
BMAPP9226Q | 0 | 0.0000 | 3049320 | 3049320 | 0.5429 |
| 6 | USHA GUPTA (AVINASH PRADHAN) |
Non- Promoter |
DNCPG5928K | 0 | 0.0000 | 2823600 | 2823600 | 0.5027 |
| 7 | VANKAYALA NARENDRA KUMAR |
Non- Promoter |
ABIPV4398K | 0 | 0.0000 | 1411800 | 1411800 | 0.2514 |
| 8 | PARESH KAPADE | Non- Promoter |
AHWPK6351K | 0 | 0.0000 | 1411800 | 1411800 | 0.2514 |
| 9 | SHITAL KAPADE | Non- Promoter |
AHWPK6363K | 0 | 0.0000 | 1411800 | 1411800 | 0.2514 |
| 10 | KRISHNA VEERA VENKATA CHOKKAKULA SATYANARAYANA |
Non- Promoter |
BNKPS3476A | 108794 | 0.0574 | 1411800 | 1520594 | 0.2707 |
| 11 | CHANDRA ARUNACHALAM |
Non- Promoter |
ASUPC9229R | 0 | 0.0000 | 988200 | 988200 | 0.1759 |
| 12 | MAINA BALDOTA | Non- Promoter |
AAVPB8646G | 0 | 0.0000 | 847080 | 847080 | 0.1508 |
| 13 | KURUGANTI VENKAT SHIVANAND REDDY |
Non- Promoter |
CPAPK6141M | 0 | 0.0000 | 5602320 | 5602320 | 0.9974 |
| 14 | SRINIVAS RAO PANTANGAY |
Non- Promoter |
AFSPP7821H | 96167 | 0.0507 | 16175760 | 16271927 | 2.8970 |
| 15 | PANKAJ JAIPRAKASH KANKATTI |
Non- Promoter |
ACGPK5448N | 0 | 0.0000 | 2823600 | 2823600 | 0.5027 |
| 16 | M THOYAJA RAO | Non- Promoter |
AQSPM4610Q | 89056 | 0.0470 | 1482360 | 1571416 | 0.2798 |
| 17 | SURENDER JAIN | Non- Promoter |
ACOPJ0284F | 0 | 0.0000 | 1411800 | 1411800 | 0.2514 |
| 18 | BOMMA GYANESHWAR NAETHA |
Non- Promoter |
AYZPG7881N | 0 | 0.0000 | 1016520 | 1016520 | 0.1810 |
| 19 | ANIL KUMAR BHALLA | Non- Promoter |
ADTPB7826K | 0 | 0.0000 | 705960 | 705960 | 0.1257 |
| 20 | D CHANDRASHEKAR | Non- Promoter |
AUAPD8319D | 0 | 0.0000 | 705840 | 705840 | 0.1257 |
| 21 | NIRMALA VYAS | Non- Promoter |
AAOPV7828B | 0 | 0.0000 | 564720 | 564720 | 0.1005 |
| 22 | MARUPUDI SRAVANI | Non- Promoter |
BMDPS1332R | 0 | 0.0000 | 2499840 | 2499840 | 0.4451 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| 23 | VISHAL SAI KUNNAPAREDDY |
Non- Promoter |
KPLPK7256E | 0 | 0.0000 | 1200000 | 1200000 | 0.2136 |
|---|---|---|---|---|---|---|---|---|
| 24 | PRIYA JAI SHANKAR | Non- Promoter |
ACJPJ9265D | 0 | 0.0000 | 889440 | 889440 | 0.1584 |
| 25 | VALLELA PAVANKUMAR REDDY |
Non- Promoter |
AHNPV5549B | 0 | 0.0000 | 1037640 | 1037640 | 0.1847 |
| 26 | KURUKUNDA KIRAN KUMAR |
Non- Promoter |
CTNPK8712K | 0 | 0.0000 | 458880 | 458880 | 0.0817 |
| 27 | ASHOK PANDURANG AKADE |
Non- Promoter |
AAZPA9287G | 0 | 0.0000 | 705960 | 705960 | 0.1257 |
| 28 | ABHIMANYU KHURANA | Non- Promoter |
AGAPK0380P | 0 | 0.0000 | 4941120 | 4941120 | 0.8797 |
| 29 | MANVENDRA SINGH | Non- Promoter |
BAIPS6313R | 0 | 0.0000 | 1411560 | 1411560 | 0.2513 |
| 30 | KRISHAN KUMAR RAWAT |
Non- Promoter |
ALLPR4406M | 900 | 0.0005 | 988320 | 989220 | 0.1761 |
| 31 | SAMBI REDDY BOMMAREDDY |
Non- Promoter |
AFOPB2369G | 0 | 0.0000 | 296400 | 296400 | 0.0528 |
| 32 | BOMMAREDDY VIJAYA | Non- Promoter |
APJPB9681A | 0 | 0.0000 | 296400 | 296400 | 0.0528 |
| 33 | N KARUNA REDDY | Non- Promoter |
AEZPN2016C | 71165 | 0.0375 | 720000 | 791165 | 0.1409 |
| 34 | S PADMALAYA DEVI | Non- Promoter |
GUVPD1604J | 44483 | 0.0235 | 635280 | 679763 | 0.1210 |
| 35 | SHRADDHA LAXMIKANT AGGARWAL |
Non- Promoter |
AKUPA8938P | 0 | 0.0000 | 846960 | 846960 | 0.1508 |
| 36 | VARANASI ASHA | Non- Promoter |
AFBPV0922Q | 0 | 0.0000 | 395280 | 395280 | 0.0704 |
| 37 | GOUTAM BETALA | Non- Promoter |
ABFPB6569F | 0 | 0.0000 | 282360 | 282360 | 0.0503 |
| 38 | SUNIL KUMAR PATCHAVA |
Non- Promoter |
ACUPP7449J | 0 | 0.0000 | 423480 | 423480 | 0.0754 |
| 39 | SUREKHA MAHESH SHAH |
Non- Promoter |
ADWPS1159F | 0 | 0.0000 | 1411800 | 1411800 | 0.2514 |
| 40 | POLAMARASETTY PRATAP KUMAR |
Non- Promoter |
AMTPP7823K | 0 | 0.0000 | 705840 | 705840 | 0.1257 |
| 41 | GANESH BABURAO KAMBLE |
Non- Promoter |
AQNPK3518L | 0 | 0.0000 | 352920 | 352920 | 0.0628 |
| 42 | SAWITRI KUMARI PARMAR |
Non- Promoter |
BBTPP2699R | 0 | 0.0000 | 423600 | 423600 | 0.0754 |
| 43 | NATESH KOLUSU | Non- Promoter |
BHPPK9172E | 0 | 0.0000 | 338880 | 338880 | 0.0603 |
| 44 | UTKARSH SINGH BAIS | Non- Promoter |
BPGPB1381H | 0 | 0.0000 | 847080 | 847080 | 0.1508 |
| 45 | KRUPANAND MANDALA | Non- Promoter |
BQCPM0760L | 0 | 0.0000 | 282360 | 282360 | 0.0503 |
| 46 | GOPAL SOMANI | Non- Promoter |
EKPPS3757H | 0 | 0.0000 | 282360 | 282360 | 0.0503 |
| 47 | MUDHIGONDA RUKMINI |
Non- Promoter |
EPBPM8337C | 0 | 0.0000 | 262560 | 262560 | 0.0467 |
| 48 | HARSHA P S | Non- Promoter |
EWOPS2381J | 0 | 0.0000 | 282360 | 282360 | 0.0503 |
| 49 | SHRADDHA SENGAR | Non- Promoter |
HHPPS6921F | 0 | 0.0000 | 282360 | 282360 | 0.0503 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| 50 | SOURABH SINGH SENGAR |
Non- Promoter |
LBWPS1369A | 0 | 0.0000 | 141120 | 141120 | 0.0251 |
|---|---|---|---|---|---|---|---|---|
| 51 | NIKHILESH M | Non- Promoter |
CHPPM9240N | 0 | 0.0000 | 999960 | 999960 | 0.1780 |
| 52 | VEERA VENKATA SATYA PRASAD UPPULURI |
Non- Promoter |
AAMPU6028J | 0 | 0.0000 | 282360 | 282360 | 0.0503 |
| 53 | PRADIP BHIKAJI WAGHMARE |
Non- Promoter |
ABQPW5128A | 0 | 0.0000 | 494160 | 494160 | 0.0880 |
| 54 | SATISH NOOKIREDDY | Non- Promoter |
ACBPN0837D | 0 | 0.0000 | 282360 | 282360 | 0.0503 |
| 55 | PRABURAJ GEORGE | Non- Promoter |
AGJPG6456F | 0 | 0.0000 | 141120 | 141120 | 0.0251 |
| 56 | SAURABH MUDGAL | Non- Promoter |
AOEPM0164K | 0 | 0.0000 | 705840 | 705840 | 0.1257 |
| 57 | GANESHBABU NALINI | Non- Promoter |
AQOPN3116G | 0 | 0.0000 | 423480 | 423480 | 0.0754 |
| 58 | CHIDAMBARAKUMARAS AMY |
Non- Promoter |
AZFPC7303L | 0 | 0.0000 | 141120 | 141120 | 0.0251 |
| 59 | ASHISH VERMA | Non- Promoter |
BNUPV0248R | 0 | 0.0000 | 282360 | 282360 | 0.0503 |
| 60 | PARIDALA HARSHA VARDHAN |
Non- Promoter |
CHUPP9627H | 0 | 0.0000 | 847080 | 847080 | 0.1508 |
| 61 | SARAVANA KUMAR N | Non- Promoter |
CRPPS2086G | 0 | 0.0000 | 705840 | 705840 | 0.1257 |
| 62 | SUGUMAR | Non- Promoter |
CSJPS6785B | 0 | 0.0000 | 352920 | 352920 | 0.0628 |
| 63 | SARANYA G | Non- Promoter |
EFCPS0485C | 0 | 0.0000 | 282360 | 282360 | 0.0503 |
| 64 | KUMPATLA JAINENDHRA SAI |
Non- Promoter |
QPSPS6552G | 0 | 0.0000 | 423480 | 423480 | 0.0754 |
| 65 | DULAM RAVIKANTH | Non- Promoter |
AIKPR8746E | 0 | 0.0000 | 199920 | 199920 | 0.0356 |
| 66 | PUDI PRADEEP | Non- Promoter |
AOXPP9476Q | 0 | 0.0000 | 19999920 | 19999920 | 3.5607 |
| 67 | LAXMI EXPORTS | Non- Promoter |
AADFL6361Q | 620891 | 0.3274 | 24999960 | 25620851 | 4.5614 |
| 68 | BHARATH PALATLA | Non- Promoter |
ANMPP3904F | 0 | 0.0000 | 75000000 | 75000000 | 13.3527 |
| 69 | PEMMANABOYINA UDAYA MANIKANATA |
Non- Promoter |
CRHPP9272R | 0 | 0.0000 | 9999960 | 9999960 | 1.7803 |
| 70 | NARESH KODURU | Non- Promoter |
FJDPK7804K | 0 | 0.0000 | 6000000 | 6000000 | 1.0682 |
| 71 | JYOTHI MUGATHA | Non- Promoter |
BDZPM7856D | 300 | 0.0002 | 374400 | 374700 | 0.0667 |
| 72 | YEDDU ANUDEEPU | Non- Promoter |
AWEPY5216G | 0 | 0.0000 | 271080 | 271080 | 0.0483 |
| 73 | JAYADURGA PASUPU | Non- Promoter |
CNHPP1712L | 0 | 0.0000 | 240360 | 240360 | 0.0428 |
| 74 | DHARMARAO PASUPU | Non- Promoter |
AKLPD4130H | 0 | 0.0000 | 356520 | 356520 | 0.0635 |
| 75 | AYUSH TANEJA | Non- Promoter |
ADCPT0792K | 10864 | 0.0057 | 1488480 | 1499344 | 0.2669 |
| 76 | ASHOK BASABANNAYA VASTRAD |
Non- Promoter |
ABOPV4406C | 0 | 0.0000 | 601440 | 601440 | 0.1071 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| 77 | CHANDRASEKHAR SITARAMA MALLELA |
Non- Promoter |
AFQPM4840K | 0 | 0.0000 | 1835280 | 1835280 | 0.3267 |
|---|---|---|---|---|---|---|---|---|
| 78 | PEDDI NAVEEN KUMAR | Non- Promoter |
AISPP8148E | 0 | 0.0000 | 847080 | 847080 | 0.1508 |
| 79 | VINITHA TANDRA | Non- Promoter |
BKQPT3733E | 0 | 0.0000 | 847080 | 847080 | 0.1508 |
| 80 | RAJENDAR GARIGANTI | Non- Promoter |
ATLPG0071F | 87200 | 0.0460 | 4235280 | 4322480 | 0.7696 |
| 81 | KARUMURI MADHAV | Non- Promoter |
LMOPK5186N | 0 | 0.0000 | 1200000 | 1200000 | 0.2136 |
| 82 | NARMADA NADADHURI | Non- Promoter |
AFPPN8229N | 0 | 0.0000 | 564720 | 564720 | 0.1005 |
| 83 | K N SUMITHRA | Non- Promoter |
CBKPS5178Q | 0 | 0.0000 | 1129440 | 1129440 | 0.2011 |
| 84 | MAHADHAATRI TOWNSHIPS PRIVATE LIMITED |
Non- Promoter |
AALCM8764F | 174311 | 0.0919 | 14299800 | 14474111 | 2.5769 |
| 85 | BURUGUPALLI JHANSI LAKSHMI |
Non- Promoter |
BGHPB2684R | 25000 | 0.0132 | 2160720 | 2185720 | 0.3891 |
| 86 | RELANGI NARAYANA | Non- Promoter |
AJJPR6859A | 127555 | 0.0673 | 5822520 | 5950075 | 1.0593 |
| 87 | T PADMAJA SAI VALLI | Non- Promoter |
AZBPT1942Q | 0 | 0.0000 | 141120 | 141120 | 0.0251 |
| 88 | KADALI CHANDRASHEKHAR |
Non- Promoter |
ASGPK8035M | 300 | 0.0002 | 355200 | 355500 | 0.0633 |
| 89 | POOJA RANI | Non- Promoter |
APRPR0868R | 0 | 0.0000 | 282360 | 282360 | 0.0503 |
| 90 | RAJESH SRINIVAS | Non- Promoter |
BJVPS8054H | 0 | 0.0000 | 282360 | 282360 | 0.0503 |
| 91 | JAYASUDHA R | Non- Promoter |
AQLPJ9086C | 0 | 0.0000 | 211800 | 211800 | 0.0377 |
| 92 | DIVYA UPADHYAY | Non- Promoter |
HSIPD6628E | 0 | 0.0000 | 141120 | 141120 | 0.0251 |
| 93 | DEELIP NANAKRAM PARASWANI |
Non- Promoter |
AKCPP7159F | 0 | 0.0000 | 705840 | 705840 | 0.1257 |
| 94 | PRAKASH KUMAR JAIN | Non- Promoter |
ABVPJ1169P | 0 | 0.0000 | 141120 | 141120 | 0.0251 |
| 95 | MOHIT GUPTA | Non- Promoter |
AFTPG8918C | 0 | 0.0000 | 423480 | 423480 | 0.0754 |
| 96 | SHALINI LAXMAN | Non- Promoter |
ACIPL3653N | 0 | 0.0000 | 1482360 | 1482360 | 0.2639 |
| 97 | AJAY KUMAR TIWARI | Non- Promoter |
AJIPT2351C | 0 | 0.0000 | 352920 | 352920 | 0.0628 |
| 98 | SALMA VISHWANATHAN | Non- Promoter |
AFSPS4699Q | 76095 | 0.0401 | 542040 | 618135 | 0.1100 |
| 99 | PRAVEEN KAUSHIK | Non- Promoter |
BGLPK4236L | 0 | 0.0000 | 141120 | 141120 | 0.0251 |
| 100 | AAKASH JAIN | Non- Promoter |
BHXPA7377M | 0 | 0.0000 | 705840 | 705840 | 0.1257 |
( The post issue holding percent is calculated taking into factor only equity shareholding with differential voting rights i.e. 561685934)**
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| Sr. | Name of the proposed |
Category | No of Equity Shares alloted for Share- Swap |
Post-Preferental Holding on fully diluted basis |
Post-Preferental Holding on fully diluted basis |
|||
|---|---|---|---|---|---|---|---|---|
| Permanent Account Number (PAN) |
Holding Pre- Preferental Issue |
|||||||
| No | allotee (s) | No. of Shares |
% | No. of Shares |
% | |||
| 1 | PANKAJ JAIPRAKASH KANKATTI |
Non- Promoter |
ACGPK5448N | 0 | 0 | 25846080 | 25846080 | 4.6015 |
| 2 | MADURANTAKAM DHANDAPANI SENTHILNATHAN |
Non- Promoter |
AGVPD1894N | 0 | 0 | 5600000 | 5600000 | 0.9970 |
| 3 | RAMA KRISHNA VENKATA SESHADRI PIDDAPARTHY |
Non- Promoter |
APCPP4270Q | 0 | 0 | 4000000 | 4000000 | 0.7121 |
| 4 | K S T RAJESH SUNDAR | Non- Promoter |
ADSPR1304H | 0 | 0 | 3600000 | 3600000 | 0.6409 |
| 5 | JAYADEV GANUGAPATI | Non- Promoter |
AFJPG1953N | 0 | 0 | 1600000 | 1600000 | 0.2849 |
| 6 | DILIP DATTATRAY JOSHI | Non- Promoter |
ABAPJ6671R | 0 | 0 | 1600000 | 1600000 | 0.2849 |
| 7 | KRISHNA VEERA VENKATA CHOKKAKULA SATYANARAYANA |
Non- Promoter |
BNKPS3476A | 108794 | 0.05736 | 1360000 | 1468794 | 0.2615 |
| 8 | K S T MADHUMATHI | Non- Promoter |
ADTPM3657M | 0 | 0 | 1200000 | 1200000 | 0.2136 |
| 9 | VIDHYA THANARAJAN | Non- Promoter |
ABXPV3050D | 0 | 0 | 1200000 | 1200000 | 0.2136 |
| 10 | SESHAGIRI RAO ANNANGI |
Non- Promoter |
ACFPA5293C | 0 | 0 | 984640 | 984640 | 0.1753 |
| 11 | K VARA PRASADA RAO | Non- Promoter |
AIIPK8659B | 0 | 0 | 923040 | 923040 | 0.1643 |
| 12 | MANAS | Non- Promoter |
FODPM8059D | 0 | 0 | 880000 | 880000 | 0.1567 |
| 13 | JAYARAMAN B | Non- Promoter |
ACSPJ2056K | 0 | 0 | 874640 | 874640 | 0.1557 |
| 14 | SOWJANYA JABISETTY | Non- Promoter |
AHRPJ8537H | 0 | 0 | 800000 | 800000 | 0.1424 |
| 15 | CHANDRASEKHAR SITARAMA MALLELA |
Non- Promoter |
AFQPM4840K | 0 | 0 | 800000 | 800000 | 0.1424 |
| 16 | K G SURESHRAO | Non- Promoter |
ALFPS2045B | 0 | 0 | 800000 | 800000 | 0.1424 |
| 17 | SAHAB SINGH RATHI | Non- Promoter |
AAWPR9650H | 0 | 0 | 689680 | 689680 | 0.1228 |
| 18 | ARPAN RATHI | Non- Promoter |
BFGPR4308A | 0 | 0 | 689680 | 689680 | 0.1228 |
| 19 | DURGA SRINIVAS NADELLA |
Non- Promoter |
AFMPN3534P | 0 | 0 | 680000 | 680000 | 0.1211 |
| 20 | SRINIVAS RAO PANTANGAY |
Non- Promoter |
AFSPP7821H | 96167 | 0.05070 | 16000000 | 16096167 | 2.8657 |
| 21 | GOUTHAM JAIN & SONS(HUF) |
Non- Promoter |
AAEHG0408A | 0 | 0 | 2000000 | 2000000 | 0.3561 |
| 22 | TARANATH V SHETTY | Non- Promoter |
AQMPS0727Q | 0 | 0 | 572000 | 572000 | 0.1018 |
| 23 | K S THANARAJAN | Non- Promoter |
ABKPT9653M | 0 | 0 | 1200000 | 1200000 | 0.2136 |
| 24 | CHANDRASEKHAR GEETHA |
Non- Promoter |
AGMPG9188K | 0 | 0 | 80000 | 80000 | 0.0142 |
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
| 25 | VALLELA PAVANKUMAR REDDY |
Non- Promoter |
AHNPV5549B | 0 | 0 | 1066640 | 1066640 | 0.1899 |
|---|---|---|---|---|---|---|---|---|
| 26 | ALLURI MASTHAN SURYANARAYANA RAJU |
Non- Promoter |
AAYPA8502B | 0 | 0 | 655680 | 655680 | 0.1167 |
| 27 | RAGHAVAN SRINIVASAN |
Non- Promoter |
AJEPR4085K | 0 | 0 | 3272000 | 3272000 | 0.5825 |
| 28 | A VIJAYANARAYANAN | Non- Promoter |
ADAPV0730B | 0 | 0 | 228560 | 228560 | 0.0407 |
| 29 | R THENSUBHA | Non- Promoter |
AEWPT8506N | 0 | 0 | 800000 | 800000 | 0.1424 |
| 30 | THANARAJAN RAJESHSUNDAR VIHRTESHWAR |
Non- Promoter |
AWIPV9894M | 0 | 0 | 3200000 | 3200000 | 0.5697 |
| 31 | MOHAN KUMAR DOSHI | Non- Promoter |
ABWPD8646A | 0 | 0 | 400000 | 400000 | 0.0712 |
| 32 | SHONALI ASHWIN VALSANGKAR |
Non- Promoter |
ACZPJ5049F | 0 | 0 | 1600000 | 1600000 | 0.2849 |
| 33 | MOHAN BABU JALUKURI |
Non- Promoter |
ACYPJ4541P | 0 | 0 | 571360 | 571360 | 0.1017 |
| 34 | SHRIYANKA PRAVEEN | Non- Promoter |
CXAPP8063K | 0 | 0 | 666640 | 666640 | 0.1187 |
| 35 | KEDARNATH RACHAPALLI |
Non- Promoter |
ASGPR8831C | 0 | 0 | 666640 | 666640 | 0.1187 |
( The post issue holding percent is calculated taking into factor only equity shareholding with differential voting rights i.e. 561685934)**
17. Lock-in Period:
-
The equity shares to be allotted shall be subject to lock-in in accordance with Chapter V of the SEBI ICDR Regulations.
-
The entire pre-preferential allotment shareholding, if any, of the Proposed Allottees, shall be locked-in as per Chapter V of the SEBI ICDR Regulations.
18. Undertakings:
-
None of the Company, its directors or Promoters are categorized as willful defaulter(s) or a frasudulent borrower by any bank or �inancial institution or consortium thereof, in accordance with the guidelines issued by Reserve Bank of India. Consequently, the undertaking required under Regulation 163(1)(i) is not applicable.
-
None of its Directors or Promoters is fugitive economic offenders as de�ined under the SEBI ICDR Regulations.
-
As the equity shares have been listed on a recognized Stock Exchange(s) for a period of more than 90 trading days as on the Relevant Date, the provisions of Regulation 164(3) of SEBI ICDR Regulations governing re-computation of the price of shares shall not be applicable. Consequently, the undertaking required under Regulation 163(1)(g) and Regulation163(1)(h) is not applicable.
-
None of the allottees have sold or transferred any Equity Shares during the 90 trading days preceding the relevant date.
-
The Company applied for preferential issue by issue of 646994500 warrants for which In-principal approval from the stock exchanges were received on 27/11/2024 and 28/11/2024 respectively. However there was a signi�icant price difference between allotment price and market price at the time of allotment of
-
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India.
CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
Warrants. Due to this price difference all the participants as mentioned above did not wish to subscribe to the convertible warrants and it was cancelled/ withdrawn.
19. Disclosures speci�ied in Schedule VI of ICDR Regulations, if the issuer or any of it promoters or directors is a willful defaulter or fraudulent borrower: Not Applicable
20. Practicing Company Secretary’s Certi�icate:
The certi�icate from M/s. A.K. Rastogi & Associates., Practicing Company Secretaries, certifying that the preferential issue of Equity Shares is being made in accordance with requirements of Chapter V of SEBI (ICDR) Regulations has been obtained considering the said preferential issue. The copy of said certi�icate may be accessed on the website of the Company i.e.
https://gacmtech.com/�iles/announcements/638925188421674063_Certi�icate_U_Reg 163_SEBI(ICDR).pdf
21. Details of the Directors, Key Managerial Persons or their relatives, in any way, concerned or interested in the said resolution .
None of the Directors, Key Managerial Personnel (KMP), or their relatives have any financial or other interest in the proposed resolution.
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
ANNEXURE B
ITEM 09 : TO CONSIDER AND APPROVE RAISING OF FUNDS THROUGH ISSUANCE OF EQUITY SHARES OF THE COMPANY BY WAY OF A QUALIFIED INSTITUTIONS PLACEMENT (“QIP”) FOR AN AMOUNT AGGREGATING UP TO RS. 400 CRORES.
To consider and if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution:
“RESOLVED THAT pursuant to the provisions of Sections 23, 42 and 62 and any other applicable provisions, if any, of the Companies Act, 2013 (“Act”) read with the Companies (Prospectus and Allotment of Securities) Rules, 2014, Companies (Share Capital and Debentures) Rules, 2014 and other applicable rules made thereunder (including any amendment(s), statutory modification(s), enactment(s) or re-enactment(s) thereof, for the time being in force), the provisions of the Memorandum of Association and Articles of Association of the Company and in accordance with the regulations for Qualified Institutions Placement (“QIP”) contained in Chapter VI and other applicable provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), Securities and Exchange Board of India Act, 1992 (“SEBI Act”) as amended from time to time, Securities Contracts (Regulation) Act, 1956 including Securities Contracts (Regulation) Rules, 1957 (“SCRA”/”SCRR”), Income Tax Act, 1961 (“IT Act”), Depositories Act 1996 and the rules framed thereunder, the Foreign Exchange Management Act, 1999 (“FEMA”), the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, the Foreign Exchange Management (Mode of Payment and Reporting of Non-debt Instruments) Regulations, 2019 read with the Consolidated FDI Policy issued by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India (including any statutory amendments thereto or modifications or re-enactments thereof for the time being in force), and subject any other provisions of applicable law (including all other applicable statutes, clarifications, rules, regulations, circulars, notifications and guidelines issued by the Government of India (“GOI”), Ministry of Corporate Affairs (“MCA”), Reserve Bank of India (“RBI”), BSE Limited (“Stock Exchange”), where the equity shares of the Company are listed, Registrar of Companies, Hyderabad (“ROC”) and such other statutory/regulatory authorities), circulars or notifications issued thereunder and subject to the approvals of the GOI, SEBI, RBI, Stock Exchange, MCA, ROC and from such other appropriate statutory, regulatory, Government and other authorities and departments as may be applicable in this regard, and such other approvals, consents, permissions and sanctions, as may be necessary, and subject to such conditions and modifications as may be prescribed or imposed upon by any such authority(ies) while granting such approvals, consents, permissions and sanctions, the consent of members of the Company be and is hereby accorded to the Board of Directors of the Company (‘‘the Board’’, which term shall include the Management Committee of the Board or any other committee which the Board may have constituted or may hereinafter constitute to exercise its powers, including the powers conferred by this resolution) to create, offer, issue and allot (including with provisions for reservations on firm and/or competitive basis, or such part of issue and for such categories of persons as may be permitted) by way of a QIP on a private placement basis, such number of fully-paid Equity Shares to Qualified Institutional Buyers (“QIBs”) whether they be holders of Equity Shares of the Company or not, for an aggregate amount not exceeding Rs. 400 Crore (Rupees Four Hundred Crores only) in one or
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
more tranches, at such price or prices including premium in such manner and on such terms and conditions as deemed appropriate to the Board and in accordance with provisions of Chapter VI of the SEBI ICDR Regulations;
RESOLVED FURTHER THAT the allotment of Equity Shares shall only be to QIBs as defined in the SEBI ICDR Regulations, and such Equity Shares shall be fully paid-up & rank pari-passu with the existing Equity Shares of the Company in all respects (including with respect to dividend and voting powers) and be subject to the provisions of the Memorandum of Association and Articles of Association of the Company and the allotment of such Equity Shares shall be completed within 365 days from the date of passing this special resolution or such other time as may be allowed under the SEBI ICDR Regulations from time to time;
RESOLVED FURTHER THAT pursuant to Regulation 176(1) of SEBI ICDR Regulations, the Company be and is hereby authorized to offer Equity Shares at a discount of not more than 5 (five) percent on the floor price or such other percentage as may be permitted under the applicable laws from time to time;
RESOLVED FURTHER THAT the relevant date for the determination of the floor price of the Equity Shares shall be in accordance with the SEBI ICDR Regulations;
RESOLVED FURTHER THAT no allotment shall be made, either directly or indirectly to any QIBs who is a promoter or any person related to promoters in terms of the SEBI ICDR Regulations;
RESOLVED FURTHER THAT minimum of 10 (Ten) percent of the Equity Shares to be issued and allotted under QIP pursuant to Chapter VI of SEBI ICDR Regulations shall be allotted to Mutual Fund(s) and if the Mutual Fund(s) do not subscribe to said minimum percentage or any part thereof, such minimum portion or part thereof may be allotted to other QIBs;
RESOLVED FURTHER THAT the allotment to a single QIB in the proposed QIP issue shall not exceed 50% of the total issue size and the minimum number of allottees shall not be less than two (in case the issue size is less than or equal to Rs. 250 Crore) or five (in case the issue size is more than Rs. 250 Crore), as applicable, or such other limit as may be permitted under applicable laws;
RESOLVED FURTHER THAT Qualified Institutional Buyers belonging to the same group or who are under same control shall be deemed to be a single allottee, in accordance with Chapter VI of the SEBI ICDR Regulations;
RESOLVED FURTHER THAT the Company shall not undertake any QIP until the expiry of two weeks or such other time as may be prescribed in the SEBI ICDR Regulations, from the date of prior QIP made pursuant to one or more special resolutions;
RESOLVED FURTHER THAT the Equity Shares, as eligible in accordance with applicable law, shall not be sold for a period of one year from the date of allotment, except on a recognized Stock Exchange or except as may be permitted from time to time by the SEBI ICDR Regulations;
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
RESOLVED FURTHER THAT a credit rating agency will monitor the use of proceeds and submit its report in the specified format of Schedule XI of SEBI ICDR Regulations on quarterly basis till 100% of the proceeds from the QIP have been utilized;
RESOLVED FURTHER THAT the Board shall have the authority and power to accept any modification(s) in the proposal as may be required or imposed by the GOI/RBI/SEBI/Stock Exchange or such other appropriate authorities at the time of according/granting their approvals, consents, permissions and sanctions to issue, allotment and listing thereof and as agreed to by the Board;
RESOLVED FURTHER THAT the issue and allotment of new Equity Shares to eligible foreign investors be subject to the approval of the RBI (if any) under the FEMA as may be applicable but within the overall limits set forth under FEMA;
RESOLVED FURTHER THAT for issuance of Equity Shares by way of QIP as per Chapter VI of SEBI ICDR Regulations, the price determined for the QIP shall be subject to appropriate adjustments as specified under the SEBI ICDR Regulations for any rights issue of Equity Shares or bonus issue (capitalization of profits or reserves) or stock split of shares or if the Company has consolidated its outstanding Equity Shares including by way of stock split or if the Company re-classifies any of its Equity Shares into other securities of the Issuer or similar event or circumstances, which in the opinion of the concerned stock exchange, requires adjustments;
RESOLVED FURTHER THAT the issue of Equity Shares by way of QIP as per Chapter VI of SEBI ICDR Regulations shall, inter alia, be subject to the following terms and conditions, subject to compliance with applicable laws:
(i) in the event the Company is making a bonus issue by way of capitalization of its profits or reserves prior to the allotment of the Equity Shares, the number of Equity Shares to be allotted shall stand augmented in the same proportion in which the equity share capital increases as a consequence of such bonus issue and the premium, if any, will stand reduced in equal proportion;
(ii) in the event the Company is making a rights offer by the issue of Equity Shares prior to the allotment of the Equity Shares, the entitlement to the Equity Shares shall stand increased in the same proportion as that of the rights offer, and such additional Equity Shares shall be offered to the equity shareholders at the same price at which the same are offered to the existing equity shareholders;
(iii) in the event of a merger, amalgamation, takeover or any other re-organization or restructuring or any such corporate action, the number of Equity Shares, the price and the time period as aforesaid shall be suitably adjusted; and
(iv) in the event of consolidation and / or division of outstanding Equity Shares into smaller number of Equity Shares (including by way of stock split) or re-classification of the Equity Shares and / or involvement in such other event or circumstances which in the opinion of concerned stock exchange requires such adjustments, necessary adjustments will be made.
RESOLVED FURTHER THAT the Board be and is hereby authorized for finalization and arrangement for the submission of the preliminary and final placement document(s) and any amendments and supplements thereto, with the Stock Exchanges or any other applicable government and regulatory authorities, institutions or bodies, as may be required;
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
RESOLVED FURTHER THAT the Board be and is hereby authorized for approval of the preliminary and final placement document(s) (including amending, varying or modifying the same, as may be considered desirable or expedient) as finalized in consultation with the lead manager(s)/ advisor(s), in accordance with all applicable rules, regulations and guidelines;
RESOLVED FURTHER THAT the Board be and is hereby authorized for seeking the listing of the Equity Shares on the Stock Exchange, and submitting the listing application to the Stock Exchange and taking all actions that may be necessary in connection with obtaining such listing;
RESOLVED FURTHER THAT the Board be and is hereby authorized to engage, appoint and to enter into and execute all such agreement(s)/ arrangement(s)/ MOUs/ placement agreement(s)/ subscription agreement(s)/ any other agreements or documents with any consultant(s), lead manager(s), co-lead manager(s), manager(s), advisor(s), registrar(s), authorized representative(s), legal advisor(s)/ counsel(s), merchant banker(s), underwriter(s), custodian(s), stabilizing agent(s) and all such advisor(s), professional(s), intermediaries and agencies as may be required or concerned in such offerings of Equity Shares and to remunerate them by way of commission, brokerage, fees and such other expenses as it deems fit and permissible, and to authorize any director(s) or any officer(s) of the Company, severally, to sign for and on behalf of the Company, offer document(s), arrangement(s), application(s), authority letter(s), or any other related paper(s)/document(s), give any undertaking(s), affidavit(s), certification(s), declaration(s) including without limitation the authority to amend or modify such document(s) in relation to the aforesaid Issue of Equity Shares under QIP;
RESOLVED FURTHER THAT for the purpose of giving effect to the above, the Board, in consultation with the lead manager(s), book running lead manager(s), underwriter(s), advisor(s) and/or other person(s) as appointed by the Company, be and is hereby authorized to determine the form and terms of the issue, including the class of investors to whom the Equity Shares are to be allotted, number of Equity Shares to be allotted in each tranche, issue price (including premium, if any), face value, premium amount on issue, number of Equity Shares, fixing of issue opening date or issue closing date or record date or book closure and related or incidental matters, as the Board in its absolute discretion deems fit;
RESOLVED FURTHER THAT the Board to exercise its powers including powers conferred under this resolution, is authorised to open one or more bank accounts in the name of the Company, as may be required, subject to requisite approvals, if any, and to give such instructions including closure thereof as may be required and deemed appropriate by the Board;
RESOLVED FURTHER THAT the Board shall have all powers and authorities to modify, re-apply, redo, make necessary changes, approach and to do all requisite filings/ resubmission of any document(s) and other compliances and to do all such acts and deeds that are necessary to comply with the terms and conditions subject to which approval, sanction, permission etc. as may be provided by the Stock Exchange(s), SEBI, RBI, GOI and any other appropriate authority, without being required to seek any further approval of the Members and that the Members shall be deemed to have given their approval thereto for all such acts, deeds, matters and/or things, expressly by the authority of this resolution;
RESOLVED FURTHER THAT the Board is hereby authorized to delegate (to the extent permitted by law) all or any of the powers conferred by this resolution on it, to any committee or sub-committee of directors or any other director(s) or officer(s) of the Company to give
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
effect to the aforesaid resolution, with the power to such committee/sub-committee of the Board to further delegate all or any of its powers/ duties to any of the members of such committee.”
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170
WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
EXPLANATORY STATEMENT
[Pursuant to Section 102(1) of the Companies Act, 2013 & Regulation 36(3) of SEBI (LODR) Regulations, 2015]
ITEM NO: 09
The Company recognizes significant growth opportunities in the area of its operations and continues to evaluate such avenues for organic and inorganic growth. The Company continues to require capital for its growth and expansion. The Company proposes to raise capital for the purposes of funding some of these growth opportunities, making investments by way of equity, preference capital, or debt, or to fund the growth of existing businesses including expanding product portfolio and the capital expenditure needs of the ongoing or new projects, working capital requirements, general corporate requirements and/or any other purposes, as may be permissible under the applicable laws and approved by the Board.
The aforementioned objects are based on management estimates, and other commercial and technical factors and accordingly, are dependent on a variety of factors such as conditions to be fulfilled to consummate the acquisition, timing for completion for the acquisition, timing of completion of the QIP, financial, market and sectoral conditions, business performance and strategy, competition, interest or exchange rate fluctuations and other external factors, which may not be within the control of the Company. In light of this, the Board or a duly constituted committee shall decide the specific objects towards which the Net Proceeds are deployed.
As and when the Board does take a decision on matters on which it has discretion (subject to the compliance with the conditions set forth herein), necessary disclosures will be made to the stock exchanges as may be required under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Accordingly, the Company proposes to issue such number of Equity Shares of face value of Rs. 1.00/- each under Qualified Institutions Placement (“QIP”) to Qualified Institutional Buyers (“QIBs”) to raise an aggregate amount upto Rs. 400 Crores at such price or prices including premium in such manner and on such terms and conditions as may be deemed appropriate to the Board and in accordance with provisions of Chapter VI of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”).
This enabling Special Resolution seeks to empower the Board to issue Equity Shares under QIP as contemplated in the resolution set out above. The Board of the Company in their meeting held on September 18, 2025 approved the raising of Capital through QIP for an amount not exceeding Rs. 400 Crore.
The pricing of the Equity Shares to be issued pursuant to the special resolution under QIP shall be determined by the Board subject to the compliance with the requirements under applicable law including SEBI ICDR Regulations and any other applicable regulatory, government or other approvals. This Special Resolution authorizes the Board to issue Equity Shares in one or more tranches, at such time or times, at such price or prices to meet the Capital requirements of the Company. The ‘relevant date’ for the purpose of the pricing of the Equity Shares to be issued and allotted in the proposed QIP shall be decided in accordance with the applicable provisions of the SEBI ICDR Regulations, which shall be the date of the meeting in which the Board decides to open the QIP.
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
GACM TECHNOLOGIES LIMITED
No single allottee shall be allotted more than 50% of the QIP size and the minimum number of allottees shall be in accordance with the SEBI ICDR Regulations. It is clarified that QIB belonging to the same group or who are under the same control shall be deemed to be single allottee.
The Equity Shares to be offered and allotted shall be in dematerialized form and shall be allotted on a fully paid-up basis. The Equity Shares allotted shall not be eligible for sale by the allottee for a period of one year from the date of allotment, except on a recognized stock exchange, or as may be permitted from time to time.
The detailed terms and conditions for the issue(s)/offering(s) will be determined by the Board in its sole discretion in consultation with the advisors, lead managers, underwriters and such other authorities, as may be necessary considering the prevailing market conditions and in accordance with the applicable provisions of law and other relevant factors. Pursuant to Section 62 of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, whenever it is proposed to increase the subscribed capital of a company by a further issue and allotment of shares, such shares need to be offered to the existing members in the manner laid down in the said section unless the members decide otherwise in a general meeting.
None of the Directors/ Key Managerial Personnel of the Company/ their relatives are, in any way, concerned or interested, financially or otherwise, in this resolution.
The proposed QIP is in the interest of the Company and The Board recommends the resolutions set out at Item No.09 of the accompanying Notice for your approval as a Special Resolution.
REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad-500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84