Amic Forging Limited has entered into an agreement with Bengal Hammer Industries Pvt Ltd for the purchase of Movable and immovable properties.

Capex above 10% of net worthCapex & Operations View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹1522.50

prior close

₹1520.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.3% vs market

Castings & Forgings peers, median of 18sector+2.1%-1.5% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 1.5 pts less than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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10m

+0.7

15m

+0.7

30m

+2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+0.3+0.3+2.1-1.5

Next day

+0.8+0.6+0.3+2.5-1.7

+0.1+1.0-1.0+0.6-0.5

-0.1+3.0-3.0+1.4-1.4

+1.8+3.0-1.2+2.5-0.7

+4.6+3.5+1.1+2.4+2.3

+7.7+4.5+3.2+2.3+5.4

15d

+7.8+4.6+3.2+2.3+5.4

+5.6+6.0-0.5+4.3+1.2

+3.6+2.3+1.3-0.9+4.6

+0.2+3.9-3.7+1.2-1.0

UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 18Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Amic Forging Ltd has signed an agreement to buy land, factory, plant and machinery located in Howrah District from Bengal Hammer Industries Pvt Ltd for a total cash consideration of Rs. 27 crore. The transaction is not a related party transaction and no governmental or regulatory approvals are required. The acquisition is expected to be completed within 120 days from the date of agreement execution (June 19, 2025). This is a significant asset purchase that expands the company's manufacturing footprint.

Likely market impact

This Rs. 27 crore acquisition is a material capital expenditure that should boost Amic Forging's production capacity and operational base in Howrah. Shareholders should expect increased depreciation and integration costs in the near term, but the new assets could drive future revenue growth once operational.