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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CRISIL Ratings Limited has submitted its Monitoring Agency Report for ASM Technologies for the quarter ended December 31, 2025, tracking the use of proceeds from the company's Rs 170.13 crore preferential issue (equity shares and convertible warrants) completed in March 2024. The company has now received the full Rs 170.13 crore, with the final Rs 54.91 crore coming in during the previous quarter upon warrant conversion. Of this, Rs 109.56 crore has been utilized so far — Rs 84.28 crore towards funding organic and inorganic growth opportunities and strategic acquisitions (including purchase of land and equipment), and Rs 25.28 crore for general corporate purposes. During Q3 FY26, Rs 18.07 crore was deployed, entirely towards growth opportunities. The remaining Rs 60.57 crore is parked in ICICI Bank fixed deposits and SBI arbitrage mutual fund schemes. There is no deviation from stated objects and no delay in implementation.
The report confirms orderly deployment of the fundraise with no deviations or delays, which is a neutral-to-positive signal for investors. Investors should note that about Rs 60.57 crore (roughly 36% of proceeds) is still unutilized and earmarked for future acquisitions, meaning an acquisition announcement could be a key catalyst to watch. The parking of unutilized funds in fixed deposits and arbitrage mutual funds is yielding modest returns (5.5% to 7.05% on FDs) while awaiting deployment.