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

The company's board has approved a major capital raise and an increase in its authorized share capital from Rs. 12 Cr to Rs. 15 Cr. The company plans to issue 26,200 equity shares at Rs. 1,525 each, raising Rs. 3.99 Cr from a non-promoter. Additionally, 14.23 lakh convertible warrants will be issued to non-promoters at Rs. 1,525 each, potentially raising Rs. 216.99 Cr upon full conversion. These warrants require an upfront payment of Rs. 381.25. An Extraordinary General Meeting will be convened to secure shareholder approval for these fund-raising plans, strengthening the company’s financial position.