StockWatch
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Computers - Software & Consulting
Corporate Action16 Oct 2026, 08:20 pm

ASM Technologies Allots 10.78 Lakh Shares Worth ₹526 Cr on Preferential Basis

AI Summary

ASM Technologies Limited has approved the allotment of 10,78,974 equity shares at ₹4,875 per share, including a premium of ₹4,865. The total amount raised is ₹525,99,98,250 (₹525.99 Crore). The shares were allotted to SBI Mutual Fund schemes, SBI Emergent India Fund, Derive Trading and Resorts Private Limited, and Asha Mukul Agrawal. This preferential allotment increases the company's paid-up equity share capital from ₹14.58 Crore to ₹15.66 Crore. The allotment complies with SEBI regulations and the new shares will be listed on BSE.

Key Highlights

  • Allotment of 10,78,974 equity shares at ₹4,875 each.
  • Total funds raised amount to ₹525.99 Crore.
  • Allottees include SBI Mutual Fund and other entities.
  • Company's paid-up equity share capital increased.
  • New shares to be listed on BSE.