Amic Forging Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/09/2025 ,inter alia, to consider and approve i. To evaluate any and all proposals ....
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Awaiting price reaction for this filing.
Amic Forging Ltd has informed BSE that its Board of Directors will meet on 24th September 2025 to consider a proposal for raising funds. The funds may be raised through issuance of equity shares, debentures, warrants, preference shares, or other equity-linked securities. Permissible modes include private placement, Qualified Institutions Placement (QIP), or any other method allowed under the Companies Act 2013 and SEBI ICDR Regulations. The company may also seek shareholder approval through an Extra-ordinary General Meeting or postal ballot for this fund-raising proposal. The trading window has been closed for directors and designated persons from immediately until 48 hours after the outcome is made public on 24th September 2025.
This is a forward-looking announcement signaling a potential equity dilution event. Shareholders should watch for the board outcome on 24th September, as approval could lead to fresh share issuance which may affect share price depending on the size and pricing of the raise.