Amic Forging Ltd — Important, 10-10-2025: Company Update
10-10-2025 | 05:46 pm
10-10-2025 | 05:46 pm
The company's board has approved two capital raising initiatives. First, a preferential issue of up to 260,425 equity shares to non-promoter investors at Rs. 1536 each, aiming to raise approximately Rs. 40.00 Cr. Second, the board approved issuing up to 65,000 warrants, convertible into equity shares within 18 months, at Rs. 1536 per warrant. This will raise about Rs. 9.98 Cr from promoter and non-promoter categories. The company has announced an Extraordinary General Meeting to seek shareholder approval for these proposed capital infusions.
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