ASM Technologies Ltd — Important, 13-02-2026: Company Update
13-02-2026 | 01:43 pm
13-02-2026 | 01:43 pm
ASM Technologies received a Monitoring Agency Report from CRISIL Ratings on its Preferential Issue proceeds. The company raised 170.13 Cr and has utilized 109.56 Cr towards funding organic and inorganic growth opportunities, including land and equipment purchases, and general corporate purposes. The remaining 60.57 Cr unutilized funds are held in bank accounts and invested in fixed deposits and arbitrage mutual funds. The report confirms that the fund utilization is fully in line with the disclosed objectives, with no deviations or delays in project implementation.
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