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GACM Technologies Limited — Capital/Financing Update 2025
Jun 4, 2025
60715_rns_2025-06-04_76a31940-0428-437d-980f-cc6bf64ca417.pdf
Capital/Financing Update
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GACM TECHNOLOGIES LIMITED
(Formerly Known as Stampede Capital Limited)
Date: June 04, 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: OUTCOME FOR MEETING OF THE RIGHT ISSUE COMMITTEE OF GACM TECHNOLOGIES LIMITED (FORMERLY KNOWN AS STAMPEDE CAPITAL LIMITED) (“THE COMPANY”) HELD ON WEDNESDAY, JUNE 04, 2025.
Dear Sir/Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 20I5, this is to inform you that the Right Issue Committee of the Company at their meeting held on Wednesday, 04[th ] June, 2025 at 05:30 P.M. at the registered office of the Company situated at Kura Towers, 10[th] floor, D. No.1-11-254 & 1- 11-255, S.P. Road, Begumpet, Hyderabad - 500016, Telangana, India have discussed and approved the following:
The Rights Issue of the Company has closed on Wednesday, June 04, 2025 , and was undersubscribed . In order to comply with the minimum subscription requirements under applicable regulatory provisions, the promoters have confirmed their intention to subscribe to the unsubscribed portion of the issue.
Further, the Company has received a written undertaking from the promoters confirming their commitment to subscribe to the unsubscribed portion of the Rights Issue to ensure full subscription in accordance with regulatory requirements.
The Meeting of Right Issue Committee concluded at 6:25 P.M.
You are requested to please take the same in your record.
Kindly take the above information on your record and oblige
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)
Thanking You, Yours faithfully,
For and on behalf of GACM Technologies Limited (Formerly known as Stampede Capital Limited)
Sujata Digitally signed by Sujata Suresh Suresh Jain Date: Jain 2025.06.04 18:33:46 +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, Hyderabad500016, Telangana, India. CIN: L67120TG1995PLC020170 WEBSITE: https://www.gacmtech.com/ EMAIL ID: [email protected] CONTACT: 040-69086900/84
Undertaking for Subscription to the Unsubscribed Portion of the Rights Issue
To The Board of Directors GACM Technologies Limited
I , Jonna Venkata Tirupati Rao residing at Plot No 260 Kakatiya Hills, Avenue 2 Road No 6, Guttala Begumpet, Hyderabad-500033 Telangana, India being one of the Promoter of GACM Technologies Limited (hereinafter referred to as “the Company”), do hereby provide this undertaking with reference to the Rights Issue proposed by the Company in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended.
1. Undertaking to Subscribe to the Unsubscribed Portion
I undertake and confirm that:
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I shall apply for additional equity shares over and above our rights entitlement in the rights Issue.
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In the event of under-subscription of the Rights Issue, I hereby confirm my intention to subscribe to the unsubscribed portion, either in full or in part, to ensure full subscription of the Issue.
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This subscription shall be made strictly in accordance with applicable laws and regulations, including Regulation 84 of the SEBI (ICDR) Regulations, 2018.
- No Breach of Regulatory Limits
I confirm that such additional subscription shall:
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Be subject to applicable laws including compliance with minimum public shareholding requirements under the Securities Contracts (Regulation) Rules, 1957 and SEBI Listing Regulations;
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Not result in breach of any statutory limits or trigger any open offer obligations under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, unless duly complied with.
3. Source of Funds
The funds for the above subscription will be sourced from our internal accruals / own funds and not from any borrowed funds.
We request you to take this undertaking on record.
Thanking you, Yours faithfully,
Venkata Tirupati Digitally signed by Venkata Tirupati Rao Jonna Date: 2025.06.04 Rao Jonna 18:33:14 +05'30'
Jonna Venkata Trupati Rao Promoter Date: 04/06/2025 Place: Hyderabad