Date: September 24, 2026

Board Meeting Outcomes

GACM Technologies Limited has entered into a Memorandum of Understanding (MOU) dated September 24, 2026 with AIML Cloud Global Technologies Private Limited. The MOU establishes a strategic business arrangement for distribution of the Company's software product.

Strategic Actions / Business Update

Memorandum of Understanding Details:

  • GACM Technologies Limited has appointed AIML Cloud Global Technologies Private Limited as exclusive distributor of its software product "FIRM TALK – The complete ERP for businesses everywhere" in the agreed territory
  • AIML's registered office: Survey No. 108/1, Site No. 15.5, Bangalore South, Bangalore, Karnataka – 560067, India
  • Term: 24 months from Effective Date (September 24, 2026)
  • Revenue Sharing: Gross Revenue from the Product shall be shared equally (50:50) between GACM and AIML
  • Minimum Guaranteed Sale: ₹15 crore over the 24-month term
  • In case of shortfall at end of Term, AIML shall pay GACM 50% of the shortfall, subject to adjustments under MOU

Responsibilities:

  • AIML: Responsible for marketing, promotion, sales, distribution of the Product, and bearing Distribution Costs
  • GACM: Responsible for Product, installation, configuration, data migration, onboarding, user training, updates, bug fixing, and technical support, bearing Installation and Support Services costs

Intellectual Property:

  • The MOU does not involve any transfer of ownership or Intellectual Property Rights in FIRM TALK to AIML
  • Intellectual property in the Product shall continue to remain exclusively with GACM

Relationship Status:

  • No shareholding in the entity with whom the agreement is executed
  • AIML Cloud Global Technologies Private Limited is not related to the Promoter / Promoter Group / Group Companies of GACM Technologies Limited
  • The transaction does not fall within the ambit of a Related Party Transaction
  • No other disclosures related to nominee on board, potential conflict of interest, etc.

Regulatory Compliance:

  • Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Company will disclose any material amendment, modification or termination of MOU to Stock Exchanges as required

Strategic Rationale

The Company believes that the arrangement provides an opportunity to expand the market reach and distribution network of its FIRM TALK ERP product and support the Company's software business and revenue-generation objectives.

Not Specified Sections

No material disclosures under the following sections: KMP / Board / Auditor Changes, Dividend Declaration, Financial Results, Auditor's Report, Media Release / Investor Communication, Other Operational / Legal / Strategic Disclosures