GACM Technologies Ltd. and Lloyds Engineering Works Ltd. both announced the issuance of equity shares through a rights issue on 28 April 2025, aimed at enhancing their capital base.
GACM Technologies Ltd., a company known for its innovations in the technology sector, and Lloyds Engineering Works Ltd., a prominent player in the engineering industry, both announced a rights issue of equity shares on 28 April 2025. These moves are aimed at raising capital to fuel expansion plans and strengthen their financial position.
In a statement released on the same day, both companies confirmed that the rights issue will involve the issuance of additional equity shares to existing shareholders, offering them the opportunity to maintain their proportionate ownership in the companies. This step comes as part of a broader strategy to improve liquidity and enhance their operational capacity in a competitive market.
The rights issue by GACM Technologies Ltd., known for its advanced solutions in the tech industry, aligns with the company’s vision to further its research and development initiatives, while Lloyds Engineering Works Ltd. looks to expand its manufacturing capabilities in the engineering sector.
These announcements come amid a backdrop of active market interest in capital raising by technology and engineering firms, as businesses adapt to changing market dynamics and focus on strategic growth.
Both companies are working to provide further details to investors and will soon begin the process of offering the rights to shareholders. The issuance is expected to contribute significantly to their long-term financial goals.
The rights issue follows GACM Technologies’ and Lloyds Engineering Works’ strong commitment to delivering value to their shareholders while focusing on sustainable growth in their respective sectors.
