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GACM Technologies Limited Capital/Financing Update 2024

Sep 19, 2024

60715_rns_2024-09-19_9851a118-0abf-4b01-a675-f10b37784db4.pdf

Capital/Financing Update

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GACM TECHNOLOGIES LIMITED

(Formerly Known as Stampede Capital Limited)

Date: September 19, 2024

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 Block Mumbai - 400 001 Bandra - Kurla Complex, Bandra (E), Mumbai400051, Maharashtra. SCRIP CODE: 531723 / 570005 SYMBOL: GATECH / GATECHDVR

- SUBJECT: INTIMATION ABOUT EXECUTION OF MEMORANDUM OF UNDERSTANDING (MOU) DISCLOSURE UNDER REGULATION 30 OF SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

Dear Sir,

With reference to the above-mentioned subject, we would like to inform you that the company has entered a Memorandum of Understanding (MOU) with WATERWALK AUTOMATION PRIVATE LIMITED, a Company having registered office at 116, Rajprabha Udyog Nagar, Ext 3 Bld 3 Golani Naka, Waliv Road Vasai East , Vasai, Maharashtra, India - 401208.

We believe that this understanding will contribute significantly to the objects of the company. We are excited about the opportunities ahead and look forward to working together to achieve our shared goals.

The details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, are given in the enclosed Annexure-I .

This is for your information and record.

For GACM Technologies Limited

Digitally signed Venkata by Venkata Tirupati Tirupati Rao Jonna Rao Jonna Date: 2024.09.19 10:02:57 +05'30'

Jonna Venkata Tirupati Rao

Managing Director

DIN – 07125471

REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84

GACM TECHNOLOGIES LIMITED

(Formerly Known as Stampede Capital Limited)

Annexure – I
INTIMATION UNDER REGULATION 30 OF SEBI (LODR), REGULATIONS, 2015
Annexure – I
INTIMATION UNDER REGULATION 30 OF SEBI (LODR), REGULATIONS, 2015
Sr. No. Details of events that need to be informed Information of such events
1 Name(s) of the parties with whom
theAgreementis entered.
WATERWALK AUTOMATION PRIVATE LIMITED
2 Purpose of entering into agreement The purpose of GACM Technologies Limited entering
this MOU for growth oriented revenue generation by
partnering with Waterwalk Automation Private
Limited.Company meets its objective The Parties
intend for this MOU to provide the foundation and
structure for any and all possibly anticipated binding
agreement related to development of above software.
3 Shareholding, if any, in the entity with whom
the agreement is executed
Nil
4 Significant Terms of the Agreement 1. The Parties shall work together in a cooperative
and coordinated effort so as to bring about the
achievement and fulfilment of the purpose of the
MOU and the contract value is 500 lakhs (Rs. Five
Hundred lakhs).
2. This Agreement shall commence upon the
Effective Date, as stated above, and will continue
until 31 March 2026.
5 Whether, the said parties are related to
promoter/ promoter group/ group companies
in
any
manner,
if
yes,
nature
of
relationship
No
6 Whether the transaction would fall with
related party transaction? If yes, whether the
same is done at “arm’s length”
No
7 Any
other
disclosure
related
to
such
agreement viz. details of nominee on the
board of directors of the listed entity,
potential conflict of interest arising out of such
agreement, etc
None
8 In case of termination or amendment of
agreement,
listed
entity
shall
disclose
additional details to the stock exchange(s).
a) name of parties to the agreement
b) Nature of agreement
c) Date of execution of agreement
d) Details of amendment and impact
thereof or reasons of termination and impact
thereof
NA

REGISTERED OFFICE: KURA Towers, 10th Floor, D. No. 1-11-254 & 1-11-255 S.P. Road, Begumpet, Hyderabad500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84