Amic Forging Ltd — Important, 09-07-2026: Company Update

The company's board has approved the preferential allotment of 26,200 equity shares at Rs. 1,525 each to Kvasa Capital, totaling Rs. 3.9955 Cr. These shares are locked in for a specified period. Additionally, 14,22,900 convertible warrants were allotted to non-promoters at Rs. 1,525 each, aggregating Rs. 216.99 Cr. The company has received 25% of this amount, Rs. 54.248 Cr. Each warrant is convertible into one equity share at the same price within 18 months upon paying the remaining 75%, and these warrants are also locked in.