Amic Forging Ltd — Important, 10-10-2025: Company Update

Amic Forging's Board has approved a significant capital raise. The company will issue up to 260,425 equity shares on a preferential basis to non-promoter investors at Rs. 1,536 per share, aggregating Rs. 40.00 crore. Additionally, it plans to issue up to 65,000 warrants, convertible into equity shares within 18 months at the same price, raising Rs. 9.98 crore from promoter and non-promoter categories. An Extraordinary General Meeting will be convened for members to seek shareholder approval for these preferential issues. This move aims to inject substantial funds into the company.