GACM Technologies Limited has informed the Exchange regarding 'Outcome of RICM'.

Corporate Actions View source PDF Explain this filing

GATECHDVR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹1.00

prior close

₹1.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+0.5% vs market

Other Financial Services peers, median of 77sector+0.3%+0.7% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.7 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-4.0

10m

-3.0

15m

-1.0

30m

-3.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+0.5+0.5+0.3+0.7

Next day

+8.0+0.5+7.5+0.0+8.0

+9.0+1.8+7.2+0.1+8.9

-3.0+2.6-5.6+0.3-3.3

-4.0+3.1-7.1+1.5-5.5

-4.0+1.5-5.5-0.1-3.9

-8.0+1.5-9.5+0.1-8.1

15d

+1.0+1.3-0.3-1.4+2.4

-43.0+2.6-45.6-2.3-40.7

-53.0+0.2-53.2-4.1-48.9

-45.0+0.0-45.0-1.8-43.2

UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 77Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GACM Technologies Limited's Rights Issue closed on June 4, 2025 and was undersubscribed, meaning not enough shareholders applied for their entitled shares. To meet the minimum subscription rules under SEBI regulations, promoter Jonna Venkata Tirupati Rao has given a written commitment to subscribe to the leftover unsubscribed portion. The promoter confirmed the additional subscription will be made from internal accruals or own funds, not borrowed money, and will not breach any public shareholding or takeover rules. The Rights Issue Committee meeting concluded at 6:25 P.M. on June 4, 2025. The company is listed on BSE (Scrip Code: 531723/570005) and NSE (Symbol: GATECH/GATECHDVR).

Likely market impact

This is mildly negative for the stock as the rights issue being undersubscribed signals weak investor interest. However, the promoter's commitment to fully subscribe the shortfall prevents failure of the issue and provides certainty of capital raising, though it increases the promoter's stake in the company.