Pursuant to the approval of the Board of Directors at its meeting held on September 06, 2024 and approval of the members of the Company at their Annual General Meeting held on September 30, 2024, GACM Technologies has informed that the Preferential Issue Allotment Committee Meeting of the Board of Directors of the Company held on Wednesday, December 11, 2024. The Committee informed that since no investors have come forward and have not deposited the subscription amount for Warrants within 15 days from the date of In-Principle Approval, allotment of warrants did not take place as a result. The meeting of the Committee commenced at 3.00 pm and concluded at 3.30 pm.
The above information is a part of company’s filings submitted to BSE.
