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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ASM Technologies' board met on June 6, 2026 and approved a proposal to raise up to INR 500 Crores through equity shares and/or convertible securities such as warrants, fully or partly convertible debentures, non-convertible debentures with warrants, or convertible preference shares. The funds can be raised via public issue, rights issue, preferential allotment, private placement, or Qualified Institutions Placement (QIP), in one or more tranches. Pricing, investor identities, and the final mode of raising have not been decided yet and will be disclosed later. Shareholder approval will be sought through a General Meeting or Postal Ballot.
The announcement is only an enabling board approval and is not dilutive by itself. If executed, the fund raise of up to INR 500 Crores could lead to equity dilution for existing shareholders depending on the final mix and pricing. The stock may see short-term volatility as the market awaits details on the chosen route, pricing, and investors.