GATECHNSEGACM Technologies LimitedMediumNeutral
Announced Tue, 22 Apr · 16:11 IST

GACM Technologies Limited has informed the Exchange that Record date for the purpose of Rights is 26-Apr-2025.

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GACM Technologies Limited has informed the exchange that 26-April-2025 has been fixed as the record date for the purpose of its upcoming Rights Issue. Shareholders holding shares as of this date will be eligible to receive rights entitlement. The company has not disclosed the issue price, rights ratio, or other terms of the rights issue in this filing.

Likely market impact

Existing shareholders as of the record date will be eligible to participate in the rights issue. Watch for further announcements detailing the ratio, price, and timeline. Rights issues typically involve a discount to market price and may lead to short-term dilution if not fully subscribed.