ALPHA TRIBE

ASM Technologies LtdImportant, 13-08-2026: Company Update

13-08-2026 | 09:47 pm

ASM Technologies Limited has disclosed its Monitoring Agency Report for the quarter ended June 30, 2026, confirming the utilization of funds from its Preferential Issue. The company raised Rs 170.13 Cr, with Rs 130.00 Cr earmarked for organic and inorganic growth opportunities and strategic acquisitions, and Rs 40.13 Cr for general corporate purposes. As of quarter-end, Rs 89.28 Cr has been used for growth opportunities and Rs 25.28 Cr for general corporate purposes. The report indicates no deviations from the stated objectives, with Rs 55.57 Cr of unutilized funds temporarily invested in fixed deposits and arbitrage funds, assuring shareholders about proper fund deployment.

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