News

GACM Technologies Limited has entered into a Memorandum of Understanding (MOU) with WINFLUENTIAL PRIVATE LIMITED to serve as the technology development partner for an AI-Powered Integrated Insurance Technology Super Platform. The mandate, valued at Rs 250.0 million plus applicable taxes, will be executed over 18 to 24 months and represents one of the largest technology development engagements secured by GACM Technologies to date.

GACM Technologies Limited announced that its Fund-Raising Committee approved the allotment of 49,50,00,000 equity shares to eligible qualified institutional buyers at a price of Rs 1 per share, raising Rs 49,50,00,000 through a qualified institutions placement. The company`s equity share capital increased from Rs 1,10,27,42,236 to Rs 1,59,77,42,236 following the allotment, with AL MAHA INVESTMENT FUND PCC - ONYX STRATEGY, MAGNIFICA GLOBAL OPPORTUNITIES VCC, MINERVA VENTURES FUND, and EBISU GLOBAL OPPORTUNITIES FUND LIMITED receiving more than 5% of the shares offered.

GACM Technologies Ltd share price gained 2.90% to Rs 0.71. The Company`s net profit eased 8.43% to Rs 1.52 crore, while revenue from operations nosedived 25% to Rs 4.5 crore in Q2FY26 over Q1FY26. The market capitalization of Other Financial Services industry group stocks on BSE stood at Rs 63727.23 crore, jumping 22.70%. It has improved by 0.25% over last one week and moved up slightly by 4.62% in last one month while the market capitalization of GACM Technologies Ltd has edged up by 11.12% and 24.68% in the same period respectively. Profit before tax (PBT) of GACM Technologies Ltd stood at Rs 1.53 crore in Q2 FY26, crashing by 53.92% year-on-year, and declining 9.47% quarter-on-quarter. EBITDA came in at Rs 3 crore, nosediving by 23.08% YoY and slipping 0.71% sequentially. Total expenses tumbled by 29.39% to Rs 3.22 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 0.82 crore, dropping 7.87% YoY. For the TTM ended FY26, revenue from operations jumped by 82.86% to Rs 13.66 crore, while net profit saw a strong growth of 264.60% to Rs 4.12 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 217% to Rs 5.02 crore, and PBT surged 345.61% to Rs 5.08 crore compared to previous TTM. GACM Technologies Ltd soared by 42% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.04% during the same period.

GACM Technologies will hold a meeting of the Board of Directors of the Company on 12 August 2026.

GACM Technologies will hold a meeting of the Board of Directors of the Company on 25 June 2026.