31st AGM held; 10 resolutions tabled incl. Rs 200cr QIP and Wexl Edu share swap
GATECH · price
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GACM Technologies held its 31st AGM on September 30, 2026 via video conferencing from 12:30 PM to 1:15 PM. Ten resolutions were tabled: adoption of FY26 audited financial statements, re-appointment of statutory auditors, re-appointment of Managing Director Mr. Jonna Venkata Tirupati Rao and Whole Time Director Mr. Srinivas Maya, appointment of Mr. Chandra Sekhar Dasaka as Independent Director, increase in authorised share capital, preferential share issue as share swap for acquisition of stake in Wexl Edu Limited, raising up to Rs 200 crores via QIP, and material related party transactions. Voting results are awaited.
Await voting results. Key proposals include Rs 200cr QIP raise, authorised capital hike, and Wexl Edu stake acquisition via share swap.