BSEASM Technologies LtdHighNeutral
Announced Sat, 6 Jun · 11:49 IST

Outcome of Board Meeting

Fund Raising View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹3239.00
prior close
₹3152.00
base price
After-mkt
timing
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-0.1-0.1+0.5+0.7+1.6+0.6+5.2+6.2+11.9+17.3+25.0+26.2
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AI summary

ASM Technologies' Board, at its meeting on June 6, 2026, approved a proposal to raise funds up to INR 500 Crores. The money can be raised through equity shares, convertible securities, warrants, fully or partly convertible debentures, non-convertible debentures with warrants, or convertible preference shares. The company may use any permitted mode — public issue, rights issue, preferential allotment, private placement, or a Qualified Institutions Placement (QIP) — alone or in combination, in one or more tranches. No pricing, investor names, or final mode has been decided yet. Shareholder approval will be sought separately through a general meeting or postal ballot, and further details will be disclosed once a specific route is finalized.

Likely market impact

This is a potential equity dilution event worth up to Rs 500 Crores. Existing shareholders should watch for follow-up announcements on the chosen mode, issue price, and purpose of fundraising, as these will determine the dilution impact and likely stock price reaction.