ALPHA TRIBE

ASM Technologies LtdResults, 18-05-2025: Integrated Filing

18-05-2025 | 10:14 pm

ASM Technologies Limited has completed utilization of funds raised through its March 2024 preference shares issue (Rs. 170 Cr) and 2022 rights issue (Rs. 11.5 Cr) as per original objectives, with no deviations reported. The Board approved allotment of 8 lakh equity shares at Rs. 470.70 per share on a preferential basis and forfeited 25,792 partly-paid rights shares from shareholders who failed to pay outstanding amounts. The company currently has Rs. 332.19 million outstanding in bank loans with no defaults reported. This reflects disciplined capital management and effective fund utilization supporting long-term working capital needs.

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