Amic Forging Ltd — Important, 11-05-2026: Company Update

The Board has approved a capital increase from Rs. 12 Cr to Rs. 15 Cr, creating 30 lakh new equity shares. This sets the stage for a fundraise through a preferential issue of 26,200 equity shares at Rs. 1,525 each, totaling Rs. 3.99 Cr. Additionally, 14.229 lakh convertible warrants will be issued at Rs. 1,525 each, raising Rs. 216.99 Cr. Each warrant converts into one equity share within 18 months. These decisions, aimed at strengthening the company's financial position, require shareholder approval at an upcoming Extraordinary General Meeting. Anand Rathi Advisors is assisting with the fundraise.