GACM Technologies Limited: Allotment of 495 million securities under QIP
GACM Technologies Limited completed allotment of 495,000,000 securities (share count) to qualified institutional buyers under a QIP structure. The allotment was formally approved and notified to NSE under Regulation 30 (Material Events) of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations 2015. This represents the issuance phase of a primary capital raise via the QIP route, which bypasses retail demand and public issue requirements. Listing is expected within 5 working days of allotment.
Why it mattersQIP allotment completion marks the transition from institutional subscription to listing-ready equity capital; counsel should confirm lock-in periods under SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 and monitor listing timeline within 5 working days per ICDR.
Counsel—
SectorTechnology
[object Object][object Object][object Object][object Object][object Object]
Sources
- NSE Corporate Announcements Archive · official
- SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 · official
Related deals
- Morrison Foerster, Khaitan & Co advises Autodesk on acquisition of select tech assets, intellectual property from BIMDeX28 Oct 2026
- Trilegal acts on Fusion CX ₹702 crore IPO26 Oct 2026 · ₹702 cr
- Fox & Mandal, Shardul Amarchand Mangaldas act on Canada-based Infotech acquiring Zluri26 Oct 2026
- TT&A, A&O Shearman advise broker on sale of ₹250 crore Anthem Biosciences shares by Portsmouth Tech26 Oct 2026 · ₹250 cr
- HCL Technologies Limited: General Updates26 Oct 2026
- Newgen Software Technologies Limited: Amalgamation/Merger23 Oct 2026