Allotment of 8L shares on warrant conversion; new director appointed

Amic Forging has allotted 8,00,000 equity shares (face value Rs. 10) at Rs. 121 each upon conversion of equal number of convertible warrants originally issued on a preferential basis on 17 Oct 2024. The company received the balance 75% consideration (Rs. 908.25 per warrant), totalling ~Rs. 7.27 crore from 29 allottees. One holder transferred 55,000 warrants to a new allottee. Paid-up capital rose from Rs. 10.75 crore to Rs. 11.55 crore (1,15,48,835 shares). New shares rank pari-passu and will be listed on BSE. Separately, Mr. Vijay Chopra, a capital markets veteran with 28+ years' experience, was appointed as Additional Non-Executive Non-Independent Director.