Amic Forging Ltd

Amic Forging Ltd has submitted a revised Consolidated Audit Report and financial statements for the financial year ended March 31, 2026. This action is in response to a BSE notice dated June 30, 2026, which highlighted discrepancies in the previously submitted audit report. The company states that the observations made by the Exchange have been duly addressed and necessary rectifications have been incorporated into the revised documents. Amic Forging requests the BSE to take the revised report on record and consider the noted discrepancies as complied with. They have also offered to provide further clarification or additional information if required.

Amic Forging Ltd reported its FY26 results, with revenue growing by 17% and EBITDA by 53%. EBITDA margin expanded by approximately 900 bps year-on-year, driven by improved realisations and a richer product mix. The company's integrated capacity expansion (Phase 1) is on track for commissioning on June 15, 2026. PBT excluding Other Income grew 57% in FY26. Phase 2, anchored by a 5,000-Ton Open Die Hydraulic Forging Press, is under planning.

Amic Forging Ltd has announced its audited standalone and consolidated financial results for the half year and year ended March 31, 2026. The announcement was made following a Board of Directors meeting held on May 30, 2026, where the results were reviewed and approved. The board also approved the audited annual accounts for the financial year 2025-26. The meeting commenced at 5:00 P.M. and concluded at 7:30 P.M.

Amic Forging Ltd's Board of Directors approved the audited standalone and consolidated financial results for the half year and year ended March 31, 2026, along with the Auditor's Report. The board also reviewed and approved the Audited Annual Accounts for the financial year 2025-26. The meeting was held on May 30, 2026, commencing at 5:00 P.M. and concluding at 7:30 P.M.

Amic Forging Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the audited financial results for the half year and year ended March 31, 2026. The company has also announced the closure of the trading window for dealing in the company's securities for all directors and designated persons from April 1, 2026, until 48 hours after the declaration of the financial results.

Amic Forging Ltd issued a corrigendum to the Extraordinary General Meeting (EGM) notice dated May 11, 2026, which was dispatched to shareholders on May 14, 2026. The corrigendum addresses changes to Resolution No. 2 regarding the issue of equity shares on a preferential basis, following instructions from BSE Limited. Specifically, it concerns contravention of Regulation 159 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, leading to a revision in the list of proposed allottees.

Amic Forging Ltd has announced that an Extraordinary General Meeting (EGM) is scheduled for Friday, June 5, 2026, at 3:00 P.M. IST via video conference. The meeting will address increasing the authorized share capital from ₹12,00,00,000 to ₹15,00,00,000.

Amic Forging Ltd's board approved increasing authorized share capital from ₹12 Cr to ₹15 Cr and issuing up to 26,200 equity shares at ₹1525 each, aggregating up to ₹3,99,55,000, to non-promoters via preferential issue. Additionally, it approved issuing up to 14,22,900 convertible warrants at ₹1525 each, totaling up to ₹216,99,22,500, to non-promoters, with ₹381.25 payable upfront per warrant and the balance within 18 months. Anand Rathi Advisors Limited is the sole advisor for the preferential issue.

Amic Forging Ltd's board approved increasing authorized share capital from ₹12 Cr to ₹15 Cr and issuing 26,200 equity shares at ₹1525 each, aggregating to ₹3,99,55,000, to non-promoters via preferential issue. Additionally, the board approved issuing up to 14,22,900 warrants convertible into equity shares at ₹1525 each, totaling ₹216,99,22,500, also to non-promoters on a preferential basis. Anand Rathi Advisors Limited is the sole advisor for the preferential issue.

Amic Forging Ltd's board approved increasing authorized share capital from ₹12 Crore to ₹15 Crore. They will issue 26,200 equity shares at ₹1525 each, totaling ₹3,99,55,000, to non-promoters via preferential issue. Additionally, up to 14,22,900 warrants convertible into equity shares will be issued at ₹1525 each, aggregating up to ₹216,99,22,500 to non-promoters. Anand Rathi Advisors Limited is the sole advisor for the preferential issue.