GACM Technologies Limited has informed the Exchange about Copy of pre- issue Newspaper Publication for the Rights issue of the company.
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GACM Technologies Limited (formerly Stampede Capital Limited) has filed copies of its pre-issue newspaper advertisement for an upcoming rights issue, as required by SEBI regulations. The ad was published in Financial Express (English, all editions), Jansatta (Hindi, all editions), and Mega Jyothi (Telugu, Hyderabad edition). The rights issue comprises up to 42.33 crore equity shares and 7.35 crore EQ-DVR shares at Rs. 1 per share, aggregating up to Rs. 49.68 crore, offered in a ratio of 51 rights shares for every 82 equity and 82 EQ-DVR shares held as on the record date of April 28, 2025. The issue closes on June 2, 2025, with Axis Bank acting as the bank to the issue and Venture Capital and Corporate Investments as the registrar.
This is a routine regulatory filing announcing the rights issue details to shareholders. Existing shareholders of GACM Technologies can subscribe to the rights shares in the stated ratio until June 2, 2025; if they do not subscribe, their stake will be diluted. The issue is priced entirely at face value (Rs. 1) with no premium, so there is no immediate cost benefit to subscribing beyond maintaining proportional ownership.