GACM Technologies, Waterwalk Automation ink MoU

Anupama Ghosh Updated - September 19, 2024 at 11:43 AM.

₹5 crore deal aims to generate growth-oriented revenue for GACM Technologies

GACM Technologies Limited, formerly known as Stampede Capital Limited, has entered into a memorandum of understanding (MoU) with Waterwalk Automation Private Limited. The ₹5 crore deal aims to generate growth-oriented revenue for GACM Technologies.

The shares of GACM Technologies Limited were trading at ₹1.24 on the NSE at 11.20 am.

The MoU, effective until March 31, 2026, is related to software development between the two companies.

The company clarified this is not a related party transaction and there is no shareholding between the parties involved.

Published on September 19, 2024 06:13

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.