Board Meeting Details
- Meeting scheduled: Thursday, June 25, 2026
- Purpose: To consider two specific agenda items
Agenda Item 1: Incorporation of Foreign Subsidiary
- Proposal to incorporate a Wholly Owned Foreign Subsidiary (WOFS) in the United Kingdom
- Purpose: Expanding the Company's international business operations
- Authorization sought for designated officials to undertake all necessary actions, filings, and compliances
- Subject to applicable regulatory approvals and statutory requirements
Agenda Item 2: Preferential Share Issuance for Acquisitions
- Discussion of proposal for issuance of Equity Shares to non-promoters on preferential basis (Share Swap)
- Purpose: Acquisition of 5.66% stake in Market Simplified India Limited
- Purpose: Acquisition of 21.66% stake in WEXL EDU Private Limited
- Board to deliberate on future course of action in accordance with applicable laws
Trading Window Closure
- Trading Window closed from June 16, 2026
- Closure period: Until 48 hours from conclusion of the Board Meeting
- Applies to: All Designated Persons and their immediate relatives
- Regulatory basis: SEBI (Prohibition of Inside Trading) Regulations, 2015 and Company's Code of Conduct
Additional Information
- This intimation available on company website: https://gacmtech.com/
- Company Registered Office: 2nd Floor, GHMC No- 3-260/KA/201/NR PLOT NO. 260, Guttala Begumpet, Kavuri Hills, Hyderabad- 500033, Telangana, India
- Contact: 040-69086900/84
Financial Impact
Financial impact not quantified in the disclosure. The proposals involve potential foreign subsidiary incorporation and share-based acquisitions, but specific financial amounts are not provided.