GACM Technologies logo

GACM Technologies MD, chairman, board of directors and AGM

NSE: GATECHBSE: 531723FinanceSmall Cap

Formerly Stampede Capital
Last close ₹0.54down ₹0.02 (3.57%)BSE ₹0.54

Share price at the NSE close on 23 Oct 2026. Previous close ₹0.56.

52-week range of traded prices to 23 Oct 2026
₹0.40Low, 30 Mar 2026₹1.11High, 31 Aug 2026
Market cap
₹86 Cr3,240th largest listed
P/E
12.5
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
8.7%
ROCE
5.5%
Debt to equity
0.00
Volume, NSE
44,81,076

GACM Technologies board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonANIL THAKUR
  • Managing directorJONNA VENKATA TIRUPATI RAO
  • Company Secretary and Compliance OfficerSujata Suresh Jain

6 directors2 independent3 executive1 non-executive

  • SRINIVAS MAYAExecutive · joined Jan 2020 · 1 listed board
  • ANIL THAKUR · ChairpersonIndependent · joined Nov 2020 · reappointed Sep 2025 · 71 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • MUGATHA NARENDRA BABUExecutive · joined May 2024 · 1 listed board
  • JONNA VENKATA TIRUPATI RAO · Managing directorExecutive · joined Nov 2020 · 1 listed board
  • SAI NAGA KATHYAYANI MUGATANon-executive · joined Dec 2024 · 1 listed board · 2 committee seats
  • CHANDRA SEKHAR DASAKAIndependent · joined Aug 2025 · 12 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • VENKATESWAR NELLUTLA, left 9 Jul 2025: Others
  • SHAIK HASEENA, left 25 Oct 2024: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 24 Sep 20266 of 6 present2 independent · 15 days in between
    • 8 Sep 20266 of 6 present2 independent · 7 days in between
    • 31 Aug 20266 of 6 present2 independent · 18 days in between
    • 12 Aug 20266 of 6 present2 independent · 47 days in between
    3 earlier meetings
    • 25 Jun 20266 of 6 present2 independent · 26 days in between
    • 29 May 20266 of 6 present2 independent · 51 days in between
    • 7 Apr 20266 of 6 present2 independent
  • Audit Committee

    Chair CHANDRA SEKHAR DASAKA

    ANIL THAKUR, SAI NAGA KATHYAYANI MUGATA

    • 31 Aug 20263 of 3 present2 independent · 18 days in between
    • 12 Aug 20263 of 3 present2 independent · 74 days in between
    • 29 May 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair CHANDRA SEKHAR DASAKA

    ANIL THAKUR, SAI NAGA KATHYAYANI MUGATA

    • 31 Aug 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair ANIL THAKUR

    SAI NAGA KATHYAYANI MUGATA, CHANDRA SEKHAR DASAKA

    No meeting listed in the filing.

  • Rights Issue committee

    Chair CHANDRA SEKHAR DASAKA

    SRINIVAS MAYA, ANIL THAKUR

    No meeting listed in the filing.

  • Preferential Issue Allotment committee

    Chair ANIL THAKUR

    CHANDRA SEKHAR DASAKA, SRINIVAS MAYA

    No meeting listed in the filing.

  • Fund-Raising Committee

    Chair CHANDRA SEKHAR DASAKA

    SRINIVAS MAYA, ANIL THAKUR

    • 17 Aug 20263 of 3 present2 independent · 2 days in between
    • 14 Aug 20263 of 3 present2 independent · no day in between
    • 13 Aug 20263 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Gorantla & Co.Peer-review certificate valid to Sep 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

GACM Technologies AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.GACM Technologies share news and announcements

Annual general meeting, 30 Sep 2026

2,80,211 shareholders on the register on 23 Sep 2026; present: 1 promoter and 72 others; votes counted by Anil Kumar Rastogi / A.K. RASTOGI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. CONSIDERATION AND ADOPTION OF THE AUDITED STANDALONE & CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026, AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON.MoreLess
    Ordinary
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 2.10% · promoters 100.00% · institutions 0.00% · other public 1.49%

  2. TO RE-APPOINT STATUTORY AUDITORS OF THE COMPANY
    Ordinary
    99.70% for0.30% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.43%

    Turnout: all 2.10% · promoters 100.00% · institutions 0.00% · other public 1.49%

  3. APPOINTMENT OF MR. JONNA VENKATA TIRUPATI RAO (DIN: 07125471), AS A DIRECTOR LIABLE TO RETIRE BY ROTATION AND IS ELIGIBLE FOR RE-APPOINTMENT ON THE SAME TERMS AND CONDITIONS
    Ordinary
    98.48% for1.52% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.17%

    Turnout: all 2.10% · promoters 100.00% · institutions 0.00% · other public 1.49%

  4. RE-APPOINTMENT OF MR. JONNA VENKATA TIRUPATI RAO (DIN: 07125471) AS A MANAGING DIRECTOR OF THE COMPANY
    Special
    98.47% for1.53% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.18%

    Turnout: all 2.10% · promoters 100.00% · institutions 0.00% · other public 1.49%

  5. APPROVAL FOR MATERIAL-RELATED PARTY TRANSACTIONS
    Ordinary
    99.41% for0.59% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.83%

    Turnout: all 2.10% · promoters 100.00% · institutions 0.00% · other public 1.49%

  6. RE-APPOINTMENT OF MR. SRINIVAS MAYA (DIN: 08679514) AS A WHOLE TIME DIRECTOR OF THE COMPANY
    Special
    98.96% for1.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.48%

    Turnout: all 2.10% · promoters 100.00% · institutions 0.00% · other public 1.49%

  7. TO CONSIDER AND APPROVE APPOINTMENT OF MR. CHANDRA SEKHAR DASAKA (DIN: 05012419) AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 2.10% · promoters 100.00% · institutions 0.00% · other public 1.49%

  8. TO CONSIDER AND APPROVE INCREASE IN AUTHORISED SHARE CAPITAL OF THE COMPANY
    Ordinary
    99.51% for0.49% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.69%

    Turnout: all 2.10% · promoters 100.00% · institutions 0.00% · other public 1.49%

  9. TO CONSIDER AND APPROVE ISSUANCE OF EQUITY SHARES OF THE COMPANY TO NON-PROMOTERS ON PREFERENTIAL ISSUE BASIS (SHARE SWAP) IN LIEU OF ACQUISITION OF STAKE IN WEXL EDU LIMITED
    Special
    99.50% for0.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 2.10% · promoters 100.00% · institutions 0.00% · other public 1.49%

  10. TO CONSIDER AND APPROVE RAISING OF FUNDS THROUGH ISSUANCE OF EQUITY SHARES OF THE COMPANY BY WAY OF A QUALIFIED INSTITUTIONS PLACEMENT (“QIP”) FOR AN AMOUNT AGGREGATING UP TO RS. 200 CRORES
    Special
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 2.10% · promoters 100.00% · institutions 0.00% · other public 1.49%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 29 Apr 2026, 1 resolution

2,10,640 shareholders on the register on 22 Apr 2026; present: 1 promoter and 76 others; votes counted by Anil Kumar Rastogi / A.K. RASTOGI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. TO APPROVE RAISING OF FUNDS BY ISSUANCE OF FOREIGN CURRENCY CONVERTIBLE BONDS
    Special
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 3.84% · promoters 100.00% · institutions 2.29% · other public 3.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Sep 2025, 9 resolutions

1,96,662 shareholders on the register on 18 Sep 2025; present: 1 promoter and 69 others; votes counted by Anil Kumar Rastogi / A.K. RASTOGI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. CONSIDERATION AND ADOPTION OF THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025, AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 4.42% · promoters 100.00% · institutions 0.00% · other public 3.56%

  2. CONSIDERATION AND ADOPTION OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025, AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON.
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 4.42% · promoters 100.00% · institutions 0.00% · other public 3.56%

  3. TO APPOINT MS. SAI NAGA KATHYAYANI MUGATA (DIN: 10828042), AS A NON EXECUTIVE NON INDEPENDENT DIRECTOR
    Ordinary
    99.29% for0.71% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.89%

    Turnout: all 4.43% · promoters 100.00% · institutions 0.00% · other public 3.57%

  4. APPROVAL FOR MATERIAL RELATED PARTY TRANSACTIONS
    Ordinary
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.13%

    Turnout: all 4.42% · promoters 100.00% · institutions 0.00% · other public 3.56%

  5. TO CONSIDER AND APPROVE RE APPOINTMENT OF MR. ANIL THAKUR (DIN: 08945434) AS INDEPENDENT DIRECTOR OF THE COMPANY:
    Special
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 4.43% · promoters 100.00% · institutions 0.00% · other public 3.57%

  6. TO CONSIDER AND APPROVE APPOINTMENT OF MR. CHANDRA SEKHAR DASAKA (DIN: 05012419) AS INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    99.26% for0.74% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.94%

    Turnout: all 4.42% · promoters 100.00% · institutions 0.00% · other public 3.56%

  7. TO CONSIDER AND APPROVE APPOINTMENT OF M/S. A.K. RASTOGI AND ASSOCIATES AS SECERATIRAL AUDITOR OF THE COMPANY FOR THE TERM OF 5 (FIVE) YEARS.
    Ordinary
    99.52% for0.48% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.60%

    Turnout: all 4.43% · promoters 100.00% · institutions 0.00% · other public 3.57%

  8. TO CONSIDER AND APPROVE ISSUANCE OF EQUITY SHARES OF THE COMPANY TO NON PROMOTERS ON PREFERENTIAL ISSUE BASIS (SHARE SWAP) IN LIEU OF ACQUISITION OF 5.09 PERCENT STAKE IN MARKET SIMPLIFIED INDIA LIMITED AND 20.83 PERCENT OF STAKE IN WEXL EDU PRIVATE LIMITEDMoreLess
    SpecialPromoters have an interest in it
    99.28% for0.72% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.91%

    Turnout: all 4.42% · promoters 100.00% · institutions 0.00% · other public 3.56%

  9. RAISING FUNDS BY WAY OF QUALIFIED INSTITUTION PLACEMENT (QIP), FOR AN AGGREGATE AMOUNT UP TO INR 400 CRORE
    Special
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.55%

    Turnout: all 4.43% · promoters 100.00% · institutions 0.00% · other public 3.57%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 10 resolutions

Present: 1 promoter and 51 others.The company's voting result (opens in a new tab)

  1. CONSIDERATION AND ADOPTION OF THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024 AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON
    Ordinary
    98.16% for1.84% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.74%

    Turnout: all 1.43% · promoters 11.37% · institutions 0.00% · other public 1.01%

  2. CONSIDERATION AND ADOPTION OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024 AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON
    Ordinary
    98.17% for1.83% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.73%

    Turnout: all 1.43% · promoters 11.37% · institutions 0.00% · other public 1.01%

  3. APPOINT MRS. HASEENA SHAIK (DIN: 08141400), AS A DIRECTOR LIABLE TO RETIRE BY ROTATION AND IS ELIGIBLE FOR RE-APPOINTMENT.
    Ordinary
    97.83% for2.17% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.23%

    Turnout: all 1.43% · promoters 11.37% · institutions 0.00% · other public 1.01%

  4. MR. NAVEEN PARASHAR RETIRES BY ROTATION NOT BEING RE-APPOINTED.
    Ordinary
    97.84% for2.16% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.22%

    Turnout: all 1.43% · promoters 11.37% · institutions 0.00% · other public 1.01%

  5. TO APPOINT MR. NARENDRA BABU MUGATHA (DIN: 09586138), AS A NON-EXECUTIVE NON-INDEPENDENT DIRECTOR
    Ordinary
    97.90% for2.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.12%

    Turnout: all 1.43% · promoters 11.37% · institutions 0.00% · other public 1.01%

  6. APPROVAL FOR MATERIAL RELATED PARTY TRANSACTIONS
    Ordinary
    97.90% for2.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.12%

    Turnout: all 1.43% · promoters 11.37% · institutions 0.00% · other public 1.01%

  7. INCREASE IN AUTHORIZED SHARE CAPITAL OF THE COMPANY FROM ¿ 1,00,00,00,000/- (RUPEES ONE HUNDREDCRORES) TO ¿. 3,00,00,00,000/- (RUPEES THREE HUNDRED CRORE)
    Special
    97.91% for2.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.11%

    Turnout: all 1.43% · promoters 11.37% · institutions 0.00% · other public 1.01%

  8. AUTHORISING THE BOARD OF DIRECTORS OF THE COMPANY TO MAKE OFFER(S) OR INVITATION FOR SUBSCRIPTION OF EQUITY SHARES AND/OR ISSUANCE OF DEPOSITORY RECEIPTS INCLUDING ADR AND GDR OR BONDS INCLUDING FCCB OR SECURITIES CONVERTIBLE INTO EQUITY SHARES OR NON-CONVERTIBLE DEBT INSTRUMENTS ALONG WITH WARRANTS OR ANY COMBINATION THEREOF AGGREGATING UPTO AN AMOUNT NOT EXCEEDING ¿ 500 CRORES INCLUDING PREMIUM BY WAY OF (QIP) /PREFERENTIAL ALLOTMENT/ ISSUE OF DEPOSITORY RECEIPTS OR ISSUE OF FCCB OR SUCH OTHER PERMISSIBLE MODE OR COMBINATIONS THEREOFMoreLess
    Special
    97.90% for2.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.13%

    Turnout: all 1.43% · promoters 11.37% · institutions 0.00% · other public 1.01%

  9. ALTERATION OF MEMORANDUM OF ASSOCIATION (MOA) UNDER THE PROVISIONS OF THE COMPANIES ACT, 2013
    Special
    97.91% for2.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.11%

    Turnout: all 1.43% · promoters 11.37% · institutions 0.00% · other public 1.01%

  10. TO CREATE, OFFER, ISSUE AND ALLOT CONVERTIBILITY EQUITY WARRANTS ON PREFERENTIAL BASIS
    Special
    97.90% for2.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.13%

    Turnout: all 1.43% · promoters 11.37% · institutions 0.00% · other public 1.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2023, 6 resolutions

Present: 2 promoters and 44 others.The company's voting result (opens in a new tab)

  1. CONSIDERATION AND ADOPTION OF THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2023, AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 25.37% · promoters 97.93% · institutions 0.00% · other public 18.93%

  2. CONSIDERATION AND ADOPTION OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2023, AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 25.31% · promoters 97.93% · institutions 0.00% · other public 18.87%

  3. APPOINTMENT OF MR. SRINIVAS MAYA (DIN: 08679514), AS A DIRECTOR LIABLE TO RETIRE BY ROTATION AND IS ELIGIBLE FOR RE-APPOINTMENT ON THE SAME TERMS AND CONDITIONS
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 25.37% · promoters 97.93% · institutions 0.00% · other public 18.93%

  4. RE-APPOINTMENT OF MR. JONNA VENKATA TIRUPATI RAO (DIN: 07125471) AS A MANAGING DIRECTOR
    SpecialPromoters have an interest in it
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 17.27% · promoters 0.00% · institutions 0.00% · other public 18.93%

  5. RE-APPOINTMENT OF MR. SRINIVAS MAYA (DIN: 08679514) AS A WHOLE TIME DIRECTOR OF THE COMPANY
    Special
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 25.31% · promoters 97.93% · institutions 0.00% · other public 18.87%

  6. APPROVAL FOR MATERIAL-RELATED PARTY TRANSACTIONS
    OrdinaryPromoters have an interest in it
    99.72% for0.28% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 17.27% · promoters 0.00% · institutions 0.00% · other public 18.93%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Fines

Reported in the filing for the quarter to Sep 2026.

  • Fine or penaltyBSE LimitedSince 14 Aug 2026

    Fines Levied

    Non-submission of shareholding pattern within the period Specified
  • Fine or penaltyNational Stock Exchange limitedSince 14 Aug 2026

    Fines Levied

    Non-submission of shareholding pattern within the period Specified

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 7 complaints open, quarter to Sep 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.

RaisedAmount raisedForSet asideSpentSpent elsewhereReason and comments
Rights IssuesAug 2024–To finance the capital expenditure towards purchase of software & hardware and servers––NoAudit committee: Fund have been Utilised as per the Objects of the IssueAuditors: Fund have been Utilised as per the Objects of the Issue
Rights IssuesAug 2024–To repay or prepay, in Full or in part, of certain Borrowings availed by our Company through adjustment against the Entitlement of Promoter and Promoter Group––NoAudit committee: Fund have been Utilised as per the Objects of the IssueAuditors: Fund have been Utilised as per the Objects of the Issue
Rights IssuesAug 2024–To invest in Gayiadi Fintech Private Limited, Wholly Owned Subsidiary Company to finance its capital expenditure––NoAudit committee: Fund have been Utilised as per the Objects of the IssueAuditors: Fund have been Utilised as per the Objects of the Issue
Rights IssuesAug 2024–To make Acquisitions of Businesses in similar or Complementary Space––NoAudit committee: Fund have been Utilised as per the Objects of the IssueAuditors: Fund have been Utilised as per the Objects of the Issue
Rights IssuesAug 2024–To meet General corporate purposes––NoAudit committee: Fund have been Utilised as per the Objects of the IssueAuditors: Fund have been Utilised as per the Objects of the Issue
Rights IssuesAug 2024–To meet the expenses of the Issue––NoAudit committee: Fund have been Utilised as per the Objects of the IssueAuditors: Fund have been Utilised as per the Objects of the Issue
Rights IssuesJun 2025–To finance the capital expenditure towards purchase/development of software––NoAudit committee: Fund have been Utilised as per the Objects of the IssueAuditors: Fund have been Utilised as per the Objects of the Issue
Rights IssuesJun 2025–To make Acquisitions of Businesses in similar or Complementary Space––NoAudit committee: Fund have been Utilised as per the Objects of the IssueAuditors: Fund have been Utilised as per the Objects of the Issue
Rights IssuesJun 2025–To meet General corporate purposes––NoAudit committee: Fund have been Utilised as per the Objects of the IssueAuditors: Fund have been Utilised as per the Objects of the Issue
Rights IssuesJun 2025–To meet the expenses of the Issue––NoAudit committee: Fund have been Utilised as per the Objects of the IssueAuditors: Fund have been Utilised as per the Objects of the Issue
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.