Amic Forging Limited — Proxy Solicitation & Information Statement 2026

May 23, 2026

AMIC FORGING LTD. (Formerly AMIC Forging Pvt. Ltd.) Date: 23/05/2026

To,

The Manager
BSE Limited,
Listing Department,
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400001

BSE SECURITY CODE: 544037

Sub: Corrigendum to the Notice of the Extra Ordinary General Meeting.

In continuation to our intimation dated 14th May, 2026, we are submitting herewith the corrigendum to the notice of Extra Ordinary General Meeting ("EGM") scheduled to be held on Friday, 5th June, 2026 at 3.00 P.M. through Video Conferencing / Other Audio-Visual Means.

Copy of the said corrigendum to the EGM Notice is also uploaded on the website of the Company i.e. www.amicforgings.com

You are requested to take the same on your records.

Thanking you,

Yours truly,

For Amic Forging Limited

NEHA
FATEHPURIA
Neha Fatehpuria
Company Secretray
A46217

Digitally signed by NEHA FATEHPURIA
Date: 2026.05.23 17:45:20 +05'30'

Regd. Office : 3A, Garstin Place, (2nd floor), Kolkata-700001, Phone : +91 33 4504 8274
Head Office : Diamond Heritage, 16 Strand Road, unit no- 815, 8th floor, Kolkata - 700 001
Factory : Mahavir Complex, 2/A/7/A N.T.Road, Baidyabati, Via Delhi Road (Opp. Balajee Forest ), P.O : Baidyabati, Hooghly - 712 222
Email : info@amicforgings.com, CIN No. : L27100WB2007PLC116674

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AMIC

CORRIGENDUM TO THE NOTICE OF EGM
AMIC FORGING LIMITED

CORRIGENDUM / ADDENDUM TO THE NOTICE OF THE EXTRAORDINARY GENERAL MEETING

Our 1st Extra-ordinary General Meeting (EGM) for the Financial Year 2026-27 of the members of Amic Forging Limited is scheduled to be held on Friday, 5th June, 2026, at 03:00 P.M. through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”).

The Notice of the EGM dated 11th May, 2026 (“EGM Notice”) was dispatched to the Shareholders of the Company on 14th May, 2026 in due compliance with the provisions of the Companies Act, 2013, and rules made thereunder, read with circulars issued by the Ministry of Corporate Affairs and Securities Exchange Board of India, respectively. We draw the attention of all the members of the Company towards the said EGM Notice.

This corrigendum is being issued to give notice to amend the details as mentioned below and pursuant to the provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

Through this Corrigendum it is hereby notified to all the shareholders/members of the Company that in the said Notice of EGM the Resolution No. 2 for Issue of Equity Shares and warrant on Preferential Basis to Non-Promoters required following changes in response to instructions from BSE Limited regarding the Company’s application for in principle approval for the preferential issue.

1. Pursuant to contravention of Regulation 159 and other applicable provisions of Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”), the name of Mr. Ankit Madhogaria, who was subscribing to 10000 Warrants in the Preferential Issue now stands replaced with Ankit Madhogaria (HUF) in the list of Proposed Allottees(s).

Accordingly, in the Resolution No. 2 the revised list of allottees shall be as follows.

Proposed Allottees	Category (Pre and post Issue)	Pre Issue		Post Issue		PAN	Names of ultimate beneficial owners of proposed allottee(s) Equity and Share Warrants
		No of shares	%	No of shares	%
Kvasa Capital	Non Promoter	0	0	26200	0.20	ABCFK8849G	Adhiraj Swarup Agarwal
Motilal Oswal Financial Services Limited	Non Promoter	0	0	563900	4.34	AAECM2876P	NA

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AMIC

CORRIGENDUM TO THE NOTICE OF EGM

AMIC FORGING LIMITED

Calliope Capital Advisors LLP	Non Promoter	0	0	262300	2.02	AAUFC6569Q	Navin Hariprasad Agarwal Shital Navin Agarwal
Mukul Mahavir Agrawal	Non Promoter	0	0	327800	2.52	AAFPA4859G	NA
Rakesh Tarway	Non Promoter	0	0	6500	0.05	ADHPT0768N	NA
Khyati Deepak Suba	Non Promoter	0	0	3200	0.02	JLFPS0183D	NA
Infiniterise Ventures Private Limited	Non Promoter	0	0	137700	1.06	AAHCI8854N	Amit Anand Rathi
Mahesh Jayantilal Shah	Non Promoter	0	0	9800	0.08	AAFPS0120C	NA
Suresh Zunzunwala	Non Promoter	0	0	10000	0.08	AAHPZ7923L	NA
Ankit Madhogaria HUF	Non Promoter	0	0	10000	0.08	AAMHA5800L	Ankit Madhogaria
Debashree Choudhury Chakraborty	Non Promoter	0	0	13100	0.10	ABUPC4311K	NA
Bas & Associates	Non Promoter	0	0	78600	0.60	AASFB0360N	Nirmala Debi Agarwal

Members are hereby informed that certain changes are required in the Pre and Post Issue Shareholding Pattern forming part of the Explanatory Statement to Item No. 2 of the EGM Notice.

Accordingly, the category-wise Post Issue Shareholding Pattern relating to "Individual Category" and "HUF Category" stands revised. There is no change in the total Post Issue Share Capital of the Company and the overall shareholding structure remains unchanged. The revision pertains only to inter-se classification/allocation between the Individual and HUF categories.

The revised Pre and Post Issue Shareholding Pattern:

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AMIC

CORRIGENDUM TO THE NOTICE OF EGM

AMIC FORGING LIMITED

PRE & POST SHAREHOLDING

Sr No	Category	Pre-issue		Post-issue
		No of shares held	% of shareholding	No of shares held	% of shareholding
A	Promoters' holding
1	Indian
	Individual	6379010	55.24	6379010	49.08
	Bodies corporate	-	-	-	-
2	Foreign promoters	-	-	-	-
	Sub-total (A)	6379010	55.24	6379010	49.08
B	Public/Non-promoters' holding
1	Institutional investors
	Domestic	125000	1.08	125000	0.96
	Foreign	15600	0.14	15600	0.12
2	Non-institutions
	Resident Individuals	3031600	26.25	3402000	26.17
	Non Resident Indians	48400	0.42	48400	0.37
	Bodies Corporate	1531625	13.26	2495525	19.20
	Trust (Non Promoter)	0	0	0	0
	HUF	309800	2.68	319800	2.46
	Others	107800	0.93	212600	1.64
	Sub-total (B)	5169825	44.76	6618925	50.92
	GRAND TOTAL	11548835	100.00	12997935	100.00

1. Clarification to Point 1 of the Explanatory Statement:

Under the Objects of the Issue, it has been mentioned that “The purpose and objective of the fund raise being undertaken by way of the Proposed Investment is as follows:

To meet the Company's capital needs for Capital Expenditure and general corporate requirements.

For better clarity and understanding, point 1 of the explanatory statement for Item No.2 of the EGM Notice shall be replaced and read in the manner set out below:

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AMIC

CORRIGENDUM TO THE NOTICE OF EGM
AMIC FORGING LIMITED

The proceeds of the preferential issue amounting to ₹220,98,77,500 shall be utilized for the following purposes:

a) Capital Expenditure – Rs. 165.75 crore

The proceeds of the proposed issue of securities are intended to be utilized towards the Phase-III expansion project of AMIC Forging through the establishment of a state-of-the-art Heavy Forging and Integrated Machining Facility centered around a 5,000 Ton Open Die Hydraulic Forging Press and a 40 Ton Forging Manipulator. The proposed expansion project comprises investment in a heavy forging line, integrated CNC machining division, heat treatment facilities consisting of six 40-ton bogie hearth furnaces, material handling systems including 35-ton and 25-ton EOT crane networks, power and utility infrastructure, industrial production sheds, civil foundations, heavy-duty flooring, weighment and logistics infrastructure. The project is expected to significantly enhance the Company's manufacturing capabilities, increase production capacity, enable manufacturing of larger and higher-value forged components, improve operational efficiencies, and strengthen the Company's position in the heavy engineering and industrial forging sector.

b) General Corporate Purposes – Rs. 55.24 Crore

Up to 25% (twenty five percent) of the Issue Proceeds will be utilised for general corporate purposes, which includes, inter alia, meeting ongoing general corporate exigencies and contingencies, expenses of the Company as applicable in such a manner and proportion as may be decided by the Board from time to time, and/or any other general purposes as may be permissible under applicable laws (referred to as "General Corporate Purposes") (collectively referred to as the "Objects").

Utilization of Issue Proceeds

Sr. No.	Particulars	Total estimated amount to be utilised for each of the Objects (Rs. In crore)	Tentative Timeline for Utilization of Issue Proceeds from the date of receipt of funds
1	Capital Expenditure	165.75 crore	Within a period of 1 years
2	General Corporate Purpose	55.24 Crore

i. Given that the Preferential Issue is for convertible Warrants, the Issue Proceeds shall be received by the Company within 18 (eighteen) months from the date of allotment of the Warrants in terms of Chapter V of SEBI ICDR Regulations, and as estimated by the management, the entire Issue Proceeds would be utilized for the aforementioned Objects, in phases, as per the Company's business requirements and availability of Issue Proceeds, within 12 months from the date of receipt of funds for the Warrants (as set out herein).

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AMIC

CORRIGENDUM TO THE NOTICE OF EGM
AMIC FORGING LIMITED

ii. If the Issue Proceeds are not utilised (in full or in part) for the Objects stated above during the period, due to any such factors, the remaining Issue Proceeds shall be utilised in subsequent periods in such manner as may be determined by the Board, in accordance with the applicable laws.

1. Members are hereby informed that the link/details relating to the certificate issued by the Practicing Company Secretary ("PCS") under applicable provisions of the Companies Act, 2013 and SEBI Regulations, as referred to in the EGM Notice, was inadvertently omitted in the aforesaid notice.

The link for accessing the PCS Certificate is provided below:
https://www.amicforgings.com/egm-agm/Compliance%20certificate%20under%20SEBI%20ICDR%20Regulation%2014.05.2026.pdf

The said certificate is also available on the website of the Company at https://www.amicforgings.com/agm-egm-and-postal-ballot.html

1. The Company has appointed CRISIL Ratings Limited, SEBI registered Credit Rating Agency as the Monitoring Agency for monitoring the utilization of proceeds of the proposed issue in compliance with applicable SEBI regulations. The Monitoring Agency will submit its reports periodically, which shall also be placed before the Audit Committee and the Board of Directors of the Company."

This Corrigendum/ Addendum to the EGM Notice shall form an integral part of the EGM Notice, which has already been circulated to the Shareholders of the Company, and on and from the date hereof, the EGM Notice shall always be read in conjunction with this Corrigendum / Addendum. Accordingly, all concerned shareholders, Stock Exchanges, Depositories, Registrar and Share Transfer Agent, agencies appointed for e-voting, other Authorities, regulators, and all other concerned persons are requested to take note of the above changes. All other contents of the EGM Notice, save and except as modified or supplemented by this Corrigendum, shall remain unchanged.

This Corrigendum/ Addendum shall also be available at the website of the Company at www.amicforgings.com and on the website of BSE Limited ("BSE") where the shares of the Company are listed.

By Order of the Board of Directors
For Amic Forging Limited

Date: 23rd May, 2026
Place: Kolkata

Neha Fatehpuria
Company Secretary
A46217