Summary of Key Information:

Reporting Period (Quarter/Year): Not Applicable

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015

Audit Opinion:

Not Specified

Key Financial Highlights:

Not Specified

Standalone Results:

Not Specified

Consolidated Results:

Not Specified

Segment-wise Performance:

Not Specified

Corporate Actions:

The Board approved the following corporate actions:

1. Preferential Share Issue (Share Swap) for WEXL Edu Acquisition:

  • Approval for issuance of up to 1,197,080,040 equity shares of face value ₹1 each
  • Issue price: ₹1 per share
  • Share swap ratio: 120 equity shares of GACM Technologies for 1 equity share of WEXL Edu Limited
  • Total enterprise value: ₹119.71 crores for 22.18% stake acquisition
  • Allocation to 164 allottees (non-promoters) as per detailed table in annexure
  • Lock-in period as per SEBI ICDR Regulations Chapter V
  • Relevant date for price determination: August 31, 2026

2. Subsidiary Incorporation:

  • Decision to incorporate wholly-owned foreign subsidiary in Hong Kong (GACM Tech HK Limited)
  • Share capital: 25,000 ordinary shares of HKD 1 each
  • Business: Software Development, Information Technologies
  • Previous decision to incorporate in UK (dated June 25, 2026) was reconsidered as unviable

3. Dividend Declarations:

Not Specified

Other Significant Information:

1. Shareholding Pattern Impact:

  • Pre-issue paid-up capital: 1,597,742,236 equity shares
  • Post-issue fully diluted capital: 2,794,822,276 equity shares
  • Promoter holding reduces from 0.63% to 0.36%
  • Public holding increases from 99.37% to 99.64%
  • No change in control post-issue

2. Transaction Details:

  • Acquisition of 9,975,667 equity shares of WEXL Edu Limited
  • WEXL Edu Limited described as "fast-growing education technology firm engaged in delivering AI-enabled academic solutions across India"
  • Strategic rationale: "integrate and strengthen the supply chain for company's Infrastructural"

3. Timeline:

  • Preferential allotment to be completed within 15 days of shareholder approval
  • Extension allowed if regulatory approvals are pending