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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Amic Forging Ltd's Board approved increasing authorized share capital from Rs. 12 crore to Rs. 15 crore by creating 30 lakh additional equity shares of Rs. 10 each. The company will issue 26,200 equity shares at Rs. 1,525 per share (including Rs. 1,515 premium) to Kvasa Capital for Rs. 3.99 crore. Additionally, the company will issue up to 14,22,900 convertible warrants at Rs. 1,525 each to 11 non-promoter investors, raising up to Rs. 217 crore. Warrant holders will pay Rs. 381.25 upfront and Rs. 1,143.75 on conversion within 18 months. An EGM has been scheduled for June 5, 2026 for shareholder approval.
The large warrant issuance (~14.2 lakh warrants) to non-promoters will cause significant dilution when converted. Existing shareholders face roughly 7-10% potential equity dilution depending on current share count.