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* - Tentative Dates
The company proposes to utilize the net proceeds from the Issue towards funding the following objects.
GACM Technologies Limited's revenue decreased by -28.06% and profit after tax (PAT) rose by 196.32% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 18.44 | 13.07 |
| Revenue | 7.51 | 10.44 |
| Profit After Tax | 1.13 | -1.18 |
| Amount in ₹ Crore | ||
GACM Technologies Ltd. is active in the fields of financial consulting and technology. This includes advising on all corporate and related matters and conducting all related business, including, but not limited to, the design or development of software solutions for corporate risk management and internal control, including the sale, marketing and installation of these solutions for corporate clients.
Since the challenged SAT order had discontinued the company's current line of business, i.e. stock brokerage, the company was left with nothing but financial advisory services. The Company's current line of business is financial advisory services, which includes advising on all corporate and related matters and all related or incidental activities, including, but not limited to, the design/development of enterprise risk management and internal control software solutions, including the sale, marketing and installation of such solutions for corporate clients.