NSEUpdates1d ago · 24 Sept 2026, 03:49 pm
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GACM Technologies Limited · GATECH
✦ AI SummaryJoint Venture
GACM Technologies Limited has entered into a Memorandum of Understanding (MOU) with AIML Cloud Global Technologies Private Limited for a strategic business arrangement to distribute GACM's software product FIRM TALK in the agreed territory. The arrangement provides for a minimum guaranteed sale of ₹15 crore over 24 months and a 50:50 revenue share between the parties.
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Full Announcement
GACM Technologies Limited has informed the Exchange regarding 'Memorandum of Understanding with AIML Cloud Global Technologies Private Limited '.
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STAMPEDE_24092026154857_AIML_MOU_SEBI_LODR_SE_Announcement.pdf
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GACM TECHNOLOGIES LIMITED
Date: 24/09/2026
To, To,
The Secretary, The Manager,
Listing Department Listing Department,
BSE Limited National Stock Exchange of India Limited
P.J Towers, Dalal Street, Fort, Exchange Plaza. 5th Floor, Plot No. C/1, G Block
Mumbai - 400 001 Bandra - Kurla Complex, Bandra (E), Mumbai-
400051, Maharashtra.
SCRIP CODE: 531723 / 570005 SYMBOL: GATECH / GATECHDVR
Subject: Intimation regarding execution of Memorandum of Understanding with AIML Cloud Global
Technologies Private Limited – Disclosure under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), read with the applicable
provisions of Schedule III thereto and the applicable SEBI Circulars issued in this regard from time to
time, we hereby inform the Stock Exchanges that GACM Technologies Limited ("Company" or
"GACM") has entered into a Memorandum of Understanding ("MOU") dated September 24, 2026
with AIML Cloud Global Technologies Private Limited ("AIML"), having its registered office at Survey
No. 108/1, Site No. 15.5, Bangalore South, Bangalore, Karnataka – 560067, India.
The MOU provides for a strategic business arrangement pursuant to which AIML has been appointed
as the exclusive distributor of the Company's software product "FIRM TALK – The complete ERP for
businesses everywhere" in the agreed territory for the term of the MOU. AIML shall be responsible
for marketing, promotion, sales and distribution of the Product, while GACM shall be responsible for
the Product, installation, implementation, onboarding, training, updates and technical support to
customers.
Under the MOU, the Gross Revenue generated from the Product shall be shared equally between the
Parties, with 50% accruing to GACM and 50% to AIML, subject to the terms and conditions of the
MOU. The arrangement also provides for a minimum guaranteed sale of ₹15 crore over the 24-month
term, subject to the terms, conditions and adjustments specified in the MOU.
The MOU shall remain valid for a period of 24 (twenty-four) months from the Effective Date, unless
terminated earlier in accordance with its terms.
The Company believes that the arrangement provides an opportunity to expand the market reach and
distribution network of its FIRM TALK ERP product and support the Company's software business and
revenue-generation objectives.
The MOU does not involve any transfer of ownership or Intellectual Property Rights in FIRM TALK to
AIML. The intellectual property in the Product shall continue to remain exclusively with GACM.
REGISTERED OFFICE:
CIN:
WEBSITE2:n d Floor, Plot No. 260, Kavuri H EiMllsA, HILy IdDer: abad – 500033, Tel angana, India.
CONLT6A7C1T20: TG1995PLC020170
https://www.gacmtech.com/ cs@gacmtech.com
040-69086900/84
GACM TECHNOLOGIES LIMITED
The details as required under Regulation 30 of the Listing Regulations read with the applicable SEBI
Circulars are enclosed herewith as Annexure – I.
The above is for your information and record.
Thanking you,
Yours faithfully,
For GACM Technologies Limited
Jonna Venkata Tirupati Rao
Managing Director
DIN: 07125471
Encl.: Annexure – I
REGISTERED OFFICE:
CIN:
WEBSITE2:n d Floor, Plot No. 260, Kavuri H EiMllsA, HILy IdDer: abad – 500033, Tel angana, India.
CONLT6A7C1T20: TG1995PLC020170
https://www.gacmtech.com/ cs@gacmtech.com
040-69086900/84
GACM TECHNOLOGIES LIMITED
ANNEXURE – I
DETAILS OF THE MEMORANDUM OF UNDERSTANDING AS REQUIRED UNDER REGULATION 30 OF
THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
Particulars Details
Name(s) of the parties with whom GACM Technologies Limited and AIML Cloud Global
the agreement is entered Technologies Private Limited
The MOU has been entered into for establishing a
business arrangement pursuant to which AIML shall
market, promote, sell and distribute GACM's software
product "FIRM TALK – The complete ERP for businesses
Purpose of entering into the everywhere" in the agreed territory. GACM shall provide
agreement the Product and undertake installation, implementation
and support services to customers. The arrangement is
intended to expand the distribution and market reach of
FIRM TALK and generate revenue through the sale,
subscription, implementation and support of the Product.
Shareholding, if any, in the entity
3. with whom the agreement is Nil.
executed
a. AIML has been appointed as the exclusive distributor
of FIRM TALK in the agreed Territory during the Term of
the MOU. b. AIML shall be responsible for sales,
marketing, promotion and distribution of the Product and
shall bear the Distribution Costs. c. GACM shall be
responsible for the Product, installation, configuration,
data migration, onboarding, user training, updates, bug
fixing and technical support, as applicable under the
MOU. d. Gross Revenue from the Product shall be shared
50:50 between GACM and AIML. e. Each Party shall bear
its own costs out of its respective revenue share.
Significant terms of the
4. Distribution Costs shall be borne by AIML and Installation
agreement
and Support Services costs shall be borne by GACM. f. The
MOU provides for a minimum guaranteed sale of ₹15
crore over the 24-month Term, subject to the terms and
conditions specified therein. In case of shortfall at the end
of the Term, AIML shall pay GACM 50% of the shortfall,
subject to the adjustments contemplated under the MOU.
g. The MOU is effective from September 24, 2026 and
shall remain in force for 24 months, unless terminated
earlier in accordance with its terms. h. The MOU does not
transfer ownership of the Product or any Intellectual
Property Rights of FIRM TALK to AIML.
Whether the said parties are
related to promoter / promoter No. AIML Cloud Global Technologies Private Limited is not
5. group / group companies in any related to the Promoter / Promoter Group / Group
manner. If yes, nature of Companies of GACM Technologies Limited.
relationship
REGISTERED OFFICE:
CIN:
WEBSITE2:n d Floor, Plot No. 260, Kavuri H EiMllsA, HILy IdDer: abad – 500033, Tel angana, India.
CONLT6A7C1T20: TG1995PLC020170
https://www.gacmtech.com/ cs@gacmtech.com
040-69086900/84
GACM TECHNOLOGIES LIMITED
Particulars Details
Whether the transaction would
fall within related party No. The transaction does not fall within the ambit of a
transaction? If yes, whether the Related Party Transaction.
same is done at "arm's length"
In case of issuance of shares to the
7. parties, details of issue price, class Not Applicable.
of shares, etc.
Any other disclosure related to
such agreements viz. details of
nominee on the board of directors
8. None.
of the listed entity, potential
conflict of interest arising out of
such agreement, etc.
In the event of any material amendment, modification or
In case of termination or
termination of the MOU, the Company shall make the
amendment of agreement, listed
9. requisite disclosure to the Stock Exchanges in accordance
entity shall disclose additional
with the applicable provisions of the Listing Regulations
details to the stock exchange(s)
and SEBI Circulars.
For GACM Technologies Limited
Jonna Venkata Tirupati Rao
Managing Director
DIN: 07125471
REGISTERED OFFICE:
CIN:
WEBSITE2:n d Floor, Plot No. 260, Kavuri H EiMllsA, HILy IdDer: abad – 500033, Tel angana, India.
CONLT6A7C1T20: TG1995PLC020170
https://www.gacmtech.com/ cs@gacmtech.com
040-69086900/84