AI assistant
Amic Forging Limited Share Issue/Capital Change 2026
59846_rns_2026-05-11_12e6dc5c-d083-437c-9c76-ccb22ab9a359.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
AMIC FORGING LTD. (Formerly AMIC Forging Pvt. Ltd.)
ISO 9001:2015 CERTIFIED COMPANY
Date: 11/05/2026
To,
BSE Limited
The Corporate Relationship Department
Phiroze Jeejeebhoy Towers,
1st Floor, Dalal Street,
Mumbai – 400 001
Ref: Scrip Code: 544037
ISIN: INE0P9J01013
Dear Sir/Madam,
Sub: Outcome of the meeting of Board of Directors pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
With reference to the captioned subject and in furtherance to the intimation dated April 30, 2026, and pursuant to Regulation 30 of the SEBI LODR Regulations, we wish to inform you that the Board of Directors (‘Board’) of the Company, at its meeting held today i.e. on May 11, 2026, have inter-alia considered and approved the following:
Increase in Authorized Share Capital:
Increase in Authorized Share Capital of the Company from Rs. 12,00,00,000/- (Rupees Twelve Crores Only) to Rs. 15,00,00,000/- (Rupees Fifteen Crores Only) by creation of additional 30,00,000 (Thirty Lakh) Equity Shares of Rs. 10/- (Rupee Ten each) and consequent amendment to clause V of the Memorandum of Association of the Company, subject to approval of the shareholders and such other applicable statutory and regulatory approvals.
Issue of Equity Shares on Preferential Basis:
To issue up to 26200 fully paid-up equity shares of the Company of face value of Rs. 10 each at an issue price of Rs. 1525/- per equity share (including a securities premium of Rs. 1515.), aggregating up to Rs. 3,99,55,000/-, to the proposed allottees, as detailed in Annexure A, belonging to the non-promoter category, by way of a preferential issue on a private placement basis (the Preferential Issue), in accordance with the provisions of Section 42, 62 and applicable provisions of the Companies Act 2013, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI Listing Regulations and applicable laws, and subject to necessary approvals including approval of the shareholders and Stock Exchange.
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: [email protected], CIN No.: L27100WB2007PLC116674
AMIC FORGING LTD. (Formerly AMIC Forging Pvt. Ltd.)
MANAR GROUP
ISO 9001:2015 CERTIFIED CERTIFIED
Issuance of Convertible Warrants:
Issuance of upto 14,22,900 (Fourteen Lakh Twenty Two Thousand Nine Hundred) warrants each convertible into, or exchangeable for, one equity shares within the period of 18 (eighteen months) in accordance with the applicable law (“Warrants”) at a price of Rs. 1525 (Rupees One Thousand Five Hundred Twenty Five only) (“Warrant Issue Price”) each (including the warrant subscription price and the warrant exercise price) aggregating upto Rs. 216,99,22,500/- (Rupees Two Hundred Sixteen Crore Ninety-Nine Lakh Twenty-Two Thousand Five Hundred Only) to the specified Non-promoter (as listed in “Annexure – A” herein) (“Proposed Warrant Allottee” or “Warrant Holder”) by way of preferential issue in accordance with the provisions of Section 42 and Section 62(1)(c) of the Companies Act, 2013, as amended (“Act”) read with Companies (Prospectus and Allotment of Securities) Rules, 2014, as amended (“Rules”), Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”), SEBI Listing Regulations and such other acts / rules / regulations as may be applicable and subject to necessary approval of the members of the Company and other regulatory authorities including BSE Limited, or such other authority as may be applicable (“Warrants Issue”). Upon issuance of Warrants an amount of Rs. 381.25 (Rupees Three Hundred Eighty One point Two Five Only) for each Warrants shall be payable by the Warrant Holders upfront at the time of subscription and allotment of each Warrant (“Warrants Subscription Price”) and entitling the Warrant Holder(s) to apply for and get allotted one Equity Share of the Company against every Warrant held, in one or more tranches within a maximum period of 18 (eighteen) months from the date of allotment of Warrants, on payment of balance Rs. Rs. 1143.75 (Rupees One Thousand One Hundred Forty Three Point Seven Five only) which is equivalent to remaining 75% (Seventy-five per cent) of the Warrant Issue Price, for each Warrant proposed to be converted, in such manner and upon such terms and conditions as may be deemed appropriate by the Board in accordance with the terms of this issue, provisions of ICDR Regulations, or other applicable laws in this respect.
Noting of Sole Adviser for Proposed Preferential Issue
“The Board noted that Anand Rathi Advisors Limited is acting as the sole adviser to the Company in relation to the proposed fund raising through preferential allotment of warrants, subject to applicable laws and regulatory requirements.”
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 : [email protected], CIN No. : L27100WB2007PLC116674
AMIC FORGING LTD.
(Formerly AMIC Forging Pvt. Ltd.)
ISO 9001:2015 CERTIFIED COMPANY
Approval of Issue of Notice for Extraordinary General Meeting ("EGM")
The Board has approved the convening of an Extraordinary General Meeting of the shareholders of the Company to be held on Friday, June 05, 2026, along with the draft notice convening the meeting to be issued to the shareholders.
The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are given in Annexure A and B.
The meeting commenced at 2.00 P.M. and concluded at 3.15 P.M.
Kindly take the above information on your record.
Thanking you
Yours faithfully,
For Amic Forging Limited
NEHA
FATEHPURIA
Neka Fatehpuria
Company Secretary
A46217
Digitally signed by
NEHA FATEHPURIA
Date: 2026.05.11
15:34:11 +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 : [email protected], CIN No. : L27100WB2007PLC116674
AMIC FORGING LTD. (Formerly AMIC Forging Pvt. Ltd.)
A
MANOR GRO11
ISO 9001:2016 CERTIFIED COMPANY
ANNEXURE A
| Sl No | Particulars of Disclosure | Disclosure | ||
|---|---|---|---|---|
| 1 | Type of securities proposed to be issued (viz. equity shares, convertibles, etc. | Fully paid-up equity Shares of the Company having face value of Rs. 10 each at an issue price of Rs. 1525/- each | ||
| 2 | Type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) | Preferential allotment | ||
| 3 | Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately) | Issue of up to 26200 Equity Shares of face value of Rs. 10 each by way of a preferential issue on a private placement basis at the issue price of Rs. 1525/- per equity share including a Securities Premium of Rs.1515, aggregating Rs.3,99,55,000/-, in accordance with Chapter V of the SEBI ICDR Regulations, and subject to necessary approvals. | ||
| 4 | Details to be furnished in case of preferential issue: | |||
| i. Names of the investors; | Sl No | Name | No of Shares | |
| 1 | Kvasa Capital | 26200 | ||
| Total | 26200 | |||
| ii. post allotment of securities-outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors; | Post allotment of securities- outcome of the subscription- Not Applicable - to be done post allotment | |||
| Issue Price : Equity Share of face value of Rs. 10 each at Issue Price of Rs. 1525 per Equity Share | ||||
| Number of Investors: | ||||
| There are ‘1’ (One) No. of allottees | ||||
| iii. in case of convertibles- intimation on conversion of securities or on lapse of the tenure of the instrument; | Not Applicable | |||
| 5 | Any cancellation or termination of proposal for issuance of securities including reasons thereof. | Not Applicable |
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: [email protected], CIN No.: L27100WB2007PLC116674
AMIC FORGING LTD. (Formerly AMIC Forging Pvt. Ltd.)
ISO 9001:2015 CERTIFIED CAMPBELL
ANNEXURE B
Issue of Convertible Warrants on Preferential basis by way of Private Placement to the Non promoters:
| Sl No | Particulars of Disclosure | Disclosure |
|---|---|---|
| 1 | Type of securities proposed to be issued | 14,22,900 warrants, each convertible into 1 (one) equity share of face value Rs. 10/- (Rupees Ten only) upon the exercise of the option attached to each such warrant, subject to the terms of the warrants (“Warrants”). |
| 2 | Type of Issuance | Preferential allotment on a private placement basis of convertible warrants. |
| 3 | Total number of securities proposed to be issued or the total amount for which the securities will be issued | The Company will issue and allot upto 14,22,900 Warrants, convertible or exchangeable into equivalent number of fully paid up equity shares having Face Value of Rs. 10/- each at a price of Rs. 1525/- per Warrant aggregating up to Rs. 216,99,22,500/- to Non Promoter category. |
| 4 | Details to be furnished in case of preferential issue: | |
| iv. | Names of the investors; | 1. Motilal Oswal Financial Services Limited |
| 2. Calliope Capital Advisors LLP | ||
| 3. Mukul Mahavir Agarwal | ||
| 4. Rakesh Tarway | ||
| 5. Khyati Suba | ||
| 6. Infinitierise Venture | ||
| 7. Mahesh Shah | ||
| 8. Suresh Zunzunwala | ||
| 9. Ankit Madhogaria | ||
| 10. Debashree Choudhury Chakraborty | ||
| 11. Bas & Associates | ||
| v. | post allotment of securities-outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors; | Post allotment of securities- outcome of the subscription- Not Applicable – to be done post allotment |
| Issue Price : Face value of Rs. 10 each at Issue Price of Rs. 1525 per Warrant | ||
| Number of Investors: | ||
| There are ‘11’ (Eleven) No. of allottees |
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: [email protected], CIN No.: L27100WB2007PLC116674
AMIC FORGING LTD.
(Formerly AMIC Forging Pvt. Ltd.)
ISO 9001:2015 CERTIFIED CERTIFIED
ISO 14001:2018 CERTIFIED QUALITY
| vi. | in case of convertibles-
intimation on
conversion of
securities or on lapse
of the tenure of the
instrument; | Each of the warrants (“Warrants”) is convertible into 1 (one) equity share of face value Rs. 10/- at any time within 18 (eighteen) months from the date of allotment of the Warrants on a preferential basis, at a price of Rs.1525/- per Warrant (including premium of approx. Rs. 1515/-, aggregating to Rs. 216,99,22,500. The Warrants shall be convertible in one or more tranches. |
| --- | --- | --- |
| 5 | Any cancellation or termination of proposal for issuance of securities including reasons thereof. | Not Applicable |
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 : [email protected], CIN No. : L27100WB2007PLC116674