Minerva Ventures Fund picks up 9.08 percent in GACM Technologies via QIP

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

GATECH · 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

+2.6%Reaction day

₹0.77

prior close

₹0.79

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+2.5% vs market

Other Financial Services peers, median of 86sector+0.0%+2.6% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 2.6 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

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6+0.1+2.5+0.0+2.6

Next day

+5.2+0.5+4.7+0.0+5.2

+9.1-0.1+9.2-0.4+9.5

+13.0+0.4+12.6-1.0+14.0

+18.2+0.7+17.5+0.0+18.2

+22.1+0.9+21.1+0.0+22.1

+29.9+1.1+28.8+0.1+29.8

15d

+13.0+1.6+11.4-0.9+13.9

-9.1-0.7-8.4-3.1-6.0

-23.4-3.2-20.1-5.8-17.5

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UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 86Pending

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

AI summary

Mauritius-based Minerva Ventures Fund, a non-promoter entity, acquired 14.5 crore equity shares (9.08 percent) of GACM Technologies through a Qualified Institutions Placement. Before this, the fund held zero shares in the company. The shares are fully paid-up and rank equally with existing equity. Post-acquisition, GACM's total equity stands at about 159.7 crore shares. Acquisition date is 14 August 2026.

Likely market impact

Foreign institutional entry of 9.08 percent via QIP signals investor confidence; dilutes existing holders but no promoter change.