Announced Mon, 3 Aug · 12:08 IST
GACM Technologies signs MOU with Meridian Intelligence for software development
GATECHDVR · price
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Price reaction · full curve 14 horizons · vs prior close
-5.6%1-day move
₹0.54
prior close
₹0.54
base price
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AI summary
GACM Technologies has signed an MOU with Meridian Intelligence Private Limited for software development. The contract value is Rs. 1,500 lakhs (Rs. 15 crore) and the agreement runs until 30 September 2028. The partnership aims to strengthen the company's presence in software development and drive revenue growth. Meridian is not related to the promoter group.
Likely market impact
Positive: Rs. 15 crore multi-year software deal could boost revenue visibility and sentiment.