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

The company's Board has approved several capital-raising initiatives. These include increasing authorized share capital from 12 Cr to 15 Cr by creating 30 lakh new equity shares. The Board also approved issuing up to 26,200 equity shares at Rs. 1,525 each, raising 3.9955 Cr, and up to 14.229 lakh convertible warrants at Rs. 1,525 each, aggregating 216.99 Cr, both via preferential issue to non-promoters. These proposals aim to strengthen the company's financial position and are subject to shareholder approval at an upcoming Extraordinary General Meeting.