
AGM/EGM11 Sept 2026, 06:10 pm
ASM Technologies Announces EGM for Preferential Share Issue
AI Summary
ASM Technologies Ltd has announced an Extra-ordinary General Meeting (EGM) to be held on October 4, 2026, via Video Conferencing. The primary agenda is to consider and approve the offer, issue, and allotment of up to 10,78,974 equity shares at ₹4,875 per share on a preferential basis to SBI Mutual Fund. This preferential issue aims to raise approximately ₹525.99 crore. The company has facilitated remote e-voting from September 30 to October 3, 2026.
Key Highlights
- EGM scheduled for October 4, 2026, via VC/OAVM.
- Proposed preferential issue of 10,78,974 equity shares.
- Issue price fixed at ₹4,875 per share.
- Targeting to raise ₹525.99 crore from SBI Mutual Fund.
- E-voting facility available from September 30 to October 3, 2026.
Price Impact
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