Amic Forging Ltd

Amic Forging Limited has filed its Annual Report for the financial year 2025-26. The report includes the notice for the 19th Annual General Meeting (AGM) scheduled for September 30, 2026, to be held via video conferencing. The company's Managing Director, Girdhari Lal Chamaria, highlighted the challenges and opportunities of the past year, emphasizing a focus on strengthening business operations, improving efficiency, and delivering quality products. A key strategic initiative mentioned is backward integration, aimed at enhancing efficiency, controlling costs, and reducing external dependencies. The company remains optimistic about the forging and engineering sector's potential, driven by growth in manufacturing, automotive, and infrastructure. The report also lists key corporate information, including directors, auditors, and registered/head/factory office details.

Amic Forging Ltd has issued a notice for its 19th Annual General Meeting (AGM) scheduled for Wednesday, September 30, 2026, at 3:00 PM. The meeting will be conducted through Video Conferencing/Other Audio Visual Means. The company has also enclosed its Annual Report for the financial year 2025-26, which is available on their website. The report highlights the company's focus on strengthening operations, improving efficiency, and delivering quality products, with a significant emphasis on a backward integration initiative to enhance competitiveness. The Managing Director expressed confidence in the forging and engineering sector's potential and thanked stakeholders for their continued support.

Amic Forging Ltd announced the outcome of its Board meeting held on August 31, 2026. The Board approved the re-appointment of Mr. Sanjeev Kumar of M/s Kumar Sanjeev and Associates as the Internal Auditor for the Financial Year 2026-27. Additionally, M/s Sohan Lal Jalan & Associates were re-appointed as the Cost Auditors for the same financial year, with their remuneration subject to shareholder approval at the upcoming AGM. The meeting commenced at 3:30 PM IST and concluded at 5:00 PM IST.

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. Additionally, 14,22,900 convertible warrants were allotted at a price of ₹1525 each, aggregating to ₹216,99,22,500. A portion of the warrant issue price, ₹381.25 per warrant, totaling ₹5,24,80,625, has been received from the allottees. These warrants are convertible into equity shares within 18 months.

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.

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.