Amic Forging Allots Equity Shares and Convertible Warrants

Amic Forging Ltd announced the allotment of 26,200 equity shares and 14,22,900 convertible warrants on a preferential basis. The equity shares were allotted at a price of ₹1525 each, aggregating to ₹3,99,55,000. The convertible warrants were also issued at ₹1525 each, with an aggregate issue price of ₹216,99,22,500. The company has received ₹381.25 per warrant as subscription price, totaling ₹5,21,48,062.5. These allotments are made to non-promoters, including Motilal Oswal Financial Services Limited and Calliope Capital Advisors LLP, among others. The equity shares rank pari-passu with existing shares, and both shares and warrants are subject to lock-in periods as per SEBI regulations. The board meeting for this approval was held on July 9, 2026.