GACM Technologies AGM 2026: book closure, swap ratio

What the company disclosed to exchanges

GACM Technologies Ltd-DVR has made multiple disclosures around its 31st Annual General Meeting (AGM), including a newspaper publication intimation and a detailed schedule for book closure and e-voting. The company has also linked the AGM agenda to a larger corporate action involving the acquisition of a stake in WEXL EDU Limited through a preferential issue carried out as a share swap.

Separately, GACM Technologies informed BSE that a board meeting was scheduled for Thursday, September 24, 2026, to consider and approve items connected to the preferential issue allottee list and a corrigendum to the AGM notice. These disclosures were made under Regulation 30 of the SEBI (LODR) Regulations.

Board meeting on September 24, 2026: key agenda items

According to the exchange intimation, the board meeting on September 24, 2026 is slated to consider approval of a preferential issue allottee list for acquiring a stake in WEXL EDU Limited. The company said the meeting would also address a corrigendum to the notice of its 31st AGM. The AGM itself is scheduled for September 30, 2026 at 12:30 pm.

Among the specific matters highlighted were the approval of a revised list of proposed allottees and the number of equity shares to be allotted on a preferential issue basis through a share swap. The board was also expected to consider annexure documents relating to the acquisition of a stake in WEXL EDU Limited, subject to applicable statutory and regulatory approvals. Another agenda item was the approval of the corrigendum to the AGM notice.

Corrigendum to placement document dated August 17, 2026

In an announcement dated August 19, 2026 (12:38 pm, Source: BSE), the company referenced a “Corrigendum to the Placement Document dated August 17, 2026.” The disclosure sits alongside the broader set of corporate actions being routed through board and shareholder processes, including revisions to allottee lists and AGM notice changes.

31st AGM date, time, and mode

The 31st Annual General Meeting of GACM Technologies Ltd-DVR is scheduled for Wednesday, September 30, 2026 at 12:30 PM IST. The company stated that the AGM will be held through video conferencing (VC) or other audio-visual means (OAVM).

The AGM agenda, as disclosed, includes adopting the audited standalone and consolidated financial statements for FY2026. It also includes proposals related to director and auditor appointments and major capital-related resolutions.

Book closure, record date, and e-voting window

Pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI Listing Regulations, the Register of Members will remain closed from September 24, 2026 to September 30, 2026. The cutoff date for remote e-voting entitlement is September 23, 2026.

The company said the e-voting period commences on September 25, 2026 at 9:00 am and ends on September 29, 2026 at 5:00 pm. Shareholders who wish to vote remotely are required to do so within this window, based on eligibility determined by the record date.

WEXL EDU share-swap proposal and swap ratio

A central item connected to the board and AGM agenda is the acquisition of a stake in WEXL EDU Limited through a preferential issue conducted via share swap. The swap ratio disclosed is fixed at 120:1. For every one share held in WEXL EDU Limited, shareholders receive 120 equity shares in GACM Technologies.

The company also disclosed an allottee example in the provided table. AVM TECH ED SOLUTIONS PRIVATE LIMITED is shown holding 3,700,000 shares in WEXL EDU, with 444,000,000 GACM shares to be allotted.

Capital increase and fundraising items placed before shareholders

The AGM agenda includes a proposal to increase authorised share capital from ₹300 crore to ₹1,000 crore. The disclosures also reference a ₹200 crore QIP proposal. Separately, a board meeting outcome dated Tuesday, September 08, 2026 stated that the board approved a revised preferential share-swap issue of 1,202,634,840 shares at ₹1 each for the WEXL EDU acquisition, and that the AGM notice was approved.

These resolutions indicate that the company is combining statutory approvals (such as authorised capital changes) with transaction approvals (such as preferential allotments and share-swap mechanics) within the AGM framework.

Directors, auditors, and other routine AGM resolutions

As per the disclosed AGM matters, shareholders will consider reappointing statutory auditors Gorantla & Co. The AGM agenda also includes leadership and board changes, including the reappointment of Mr. Jonna Venkata Tirupati Rao as Managing Director for 5 years and Mr. Srinivas Maya as Whole Time Director for 5 years. It also includes appointing Mr. Chandra Sekhar Dasaka as Independent Director for 5 years.

These items sit alongside the larger capital and acquisition-related resolutions, and together form the formal set of approvals required for execution.

Key dates and figures at a glance

Preferential allotment example disclosed

Market snapshot included in the disclosures

The provided market snapshot for GACM Technologies Ltd-DVR shows a current price of ₹0.48 and market capitalisation of ₹9.10 crore (close price shown as 11 Sep). Another price point included in the text shows ₹0.47 at 12:08 PM on 24-Sep-2026, with a change of -0.02 (-4.08%).

While these price points are not presented as drivers of the AGM proposals, they provide context on where the DVR share was trading around the period when the company issued the board and AGM-related updates.

Why the disclosures matter for shareholders

The book closure and e-voting schedule sets clear deadlines for voting eligibility and participation, with September 23, 2026 as the cutoff for remote e-voting entitlement. The AGM resolutions also bundle routine statutory items with high-impact corporate actions including authorised capital expansion, a QIP proposal reference, and a preferential share-swap issuance connected to the WEXL EDU stake acquisition.

The board meeting on September 24, 2026 is positioned as a key step, as it is expected to finalise the revised list of proposed allottees and related documentation, subject to statutory and regulatory approvals, and to approve the corrigendum to the AGM notice.

Conclusion

GACM Technologies has set September 30, 2026 as the date for its 31st AGM, with book closure from September 24 to 30 and remote e-voting scheduled between September 25 and September 29, 2026. The meeting agenda combines regular corporate approvals with capital expansion proposals and the WEXL EDU share-swap plan at a 120:1 ratio. The next immediate milestone disclosed is the board meeting on September 24, 2026 to consider allottee revisions and the AGM notice corrigendum.