BSEAmic Forging LtdMediumNeutral
Announced Tue, 23 Dec · 17:48 IST

ALLOTMENT OF EQUITY SHARES

Fund Raising View source PDF

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Amic Forging Ltd's board, at its meeting on 23rd December 2025, allotted 2,60,425 fully paid-up equity shares to 27 non-promoter investors at Rs. 1,536 per share (face value Rs. 10, premium Rs. 1,526 per share). The total issue size aggregates to about Rs. 4 crore (Rs. 40,012,800). The allotment was made under a shareholder resolution dated 5th November 2025 and after BSE's in-principle approval on 12th December 2025. As a result, the company's paid-up equity share capital rose from Rs. 10.49 crore (1,04,88,410 shares) to Rs. 10.75 crore (1,07,48,835 shares), a dilution of roughly 2.5%. The newly allotted shares will be subject to SEBI ICDR lock-in requirements. Separately, the allotment of convertible warrants to the same set of investors is to be completed within 15 days of 12 December 2025.

Likely market impact

Existing shareholders face a small dilution of about 2.5%, but the company has raised capital at a steep premium over face value, suggesting investor willingness to pay a premium. Short-term stock price may see mild pressure due to dilution, though the overall capital raise is modest.