GACM Technologies Limited — Capital/Financing Update 2024

Oct 25, 2024

GACM TECHNOLOGIES LIMITED

(Formerly Known as Stampede Capital Limited)

Date: October 25, 2024

To, The Secretary, Listing Department BSE Limited P.J Towers, Dalal Street, Fort, Mumbai - 400 001 SCRIP CODE: 531723 / 570005

To, The Manager, Listing Department, National Stock Exchange of India Limited Exchange Plaza. 5th Floor, Plot No. C/1, G Block Bandra - Kurla Complex, Bandra (E), Mumbai-400051, Maharashtra. SYMBOL: GATECH / GATECHDVR

Subject: Statement of Deviation(s) or Variation(s) of Rights Issue Proceeds for the quarter ended September 30, 2024 in terms of Regulation 32 (1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/ Madam,

In compliance with Regulation 32 (1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds of Rights Issue, from the objects stated in the Letter of Offer for Rights Issue of the Company dated July 16, 2024 and a statement confirming that there is no deviation or variation in the utilisation of the proceeds of Rights Issue duly reviewed by the Audit Committee at its Meeting held today i.e. on October 25, 2024 is enclosed.

Thanking you,

Yours Faithfully, For GACM Technologies Limited

Sujata Digitally signed by Sujata Suresh Suresh Jain Date: 2024.10.25 Jain 14:00:58 +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: cs@gacmtech.com CONTACT: 040-69086900/84

GACM TECHNOLOGIES LIMITED

(Formerly Known as Stampede Capital Limited)

Statement of Deviation/ Variation in utilization of funds raised

NameofListedentity	GACM Technologies Limited
Mode of Fund Raising	RightsIssue
Date of Raising Funds	22/08/2024
AmountRaised	39,93,96,284
Reportfiledfor Quarterended	30/09/2024
MonitoringAgency	NotApplicable
Monitoring Agency Name, ifapplicable	NotApplicable
Isthere a Deviation / Variation in use of funds raised	No
Ifyes,whetherthesameispursuant to change in termsofa contract or objects, which was approved by theshareholders	NotApplicable
IfYes, Dateof shareholder Approval	NotApplicable
Explanation fortheDeviation/Variation	NotApplicable
Comments of the Audit Committee after review	No Comments
Comments of the auditors, ifany	No Comments

Objects for which funds have been raised and where there has been a deviation, in the following table:

Original Object(s)	Modified Object,if any	Original Allocation (in Lakhs)	Modified allocation,if any	Funds Utilized(in Lakhs)	Amount of Deviation/Variation for the quarter accordingto applicable object	Remarks if any
To finance the capital expenditure towards purchase of software & hardware and servers	N A	1,376.75	N A	1078.43	NA	NIL
To repay or prepay, in Full or in part, of certain Borrowings availed by our Company through adjustment against the Entitlement of Promoter and Promoter Group.	N A	700.00	N A	700	NA	NIL

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: cs@gacmtech.com CONTACT: 040-69086900/84

GACM TECHNOLOGIES LIMITED

(Formerly Known as Stampede Capital Limited)

To invest in Gayiadi Fintech Private Limited, Wholly Owned Subsidiary Company to finance its capital expenditure.	N A	496.85	N A	496.85	NA	NIL
To make Acquisitions of Businesses in similar or Complementary Space	N A	380.00	N A	0	NA	NIL
To meet General corporate purposes	N A	990.36	N A	425.59	NA	NIL
To meet the expenses of the Issue	N A	50.00	N A	49.61	NA	NIL
Total	NA	3,943.96	NA	2750.48	NA	NIL

Deviation or variation could mean:

(a) Deviation in the objects or purposes for which the funds have been raised or

(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or

(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc.

Thanking you,

Yours Faithfully, For GACM Technologies Limited

Sujata Digitally signed by Sujata Suresh Suresh Jain Date: 2024.10.25 Jain 14:01:16 +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: cs@gacmtech.com CONTACT: 040-69086900/84