Corporate Actions & AGM Outcomes
GACM Technologies Limited convened its 31st Annual General Meeting on September 30, 2026, approving several key resolutions including the re-appointment of directors and significant capital restructuring. The AGM authorized an increase in authorized share capital from ₹300 crore to ₹1000 crore and approved a preferential issue of 1.2 billion shares for the acquisition of a 22.28% stake in WEXL EDU Limited at an enterprise value of ₹120.26 crores. The board also recommended raising up to ₹200 crores through Qualified Institutions Placement (QIP) and approved material related party transactions with 11 entities with a ₹100 crore limit per entity.
Financial Performance Highlights
For FY 2025-26, GACM Technologies reported strong financial results with standalone revenue growing 54% to ₹185.95 crore from ₹120.45 crore in the previous year. Standalone net profit reached ₹7.83 crore (110.7% increase), while consolidated net profit stood at ₹8.60 crore (108.5% increase). The company completed a rights issue during the year, raising ₹4.93 crore and increasing its total paid-up capital to ₹129.24 crore. Significant investments were made in intangible assets under development (₹233.67 crore, up 834.7%) and the company maintained investments of ₹259.18 crore, primarily in WEXL EDU Limited and subsidiary Gayiadi Fintech Private Limited.
Corporate Governance & Compliance
The company received an unqualified audit opinion for FY 2025-26, though auditors noted late filing fines of ₹63,720 each imposed by BSE and NSE for delayed submission of shareholding patterns for the December 2025 quarter. All directors were confirmed to be qualified without any disqualifications from SEBI or MCA as of March 31, 2026. The company maintained compliance with SEBI LODR regulations and obtained affirmations from all board members and senior management regarding adherence to the code of conduct. CEO/CFO certifications confirmed that financial statements contained no materially untrue statements and that internal financial controls were adequate and effective.
Capital Structure & Investments
The company's capital structure underwent significant changes with the rights issue resulting in promoter holding reduction from 4.13% to 0.91%. Key investments included ₹208 crore in WEXL EDU Limited and ₹51.18 crore in wholly-owned subsidiary Gayiadi Fintech Private Limited. The balance sheet showed substantial growth with total assets increasing 109.2% to ₹123.78 crore (standalone) and 98.9% to ₹132.00 crore (consolidated). The company had undisputed statutory dues of ₹2.64 lakh payable in arrears and contingent liabilities of ₹39.64 lakh related to income tax disputes.