ASM Technologies has scheduled a board meeting for September 9, 2026, to consider a proposal for the issuance of equity shares or warrants through preferential allotment. The move aims to raise capital subject to regulatory approvals.

The board will also deliberate on convening an extraordinary general meeting (EGM) to obtain shareholder approval for the fundraising exercise. This process aligns with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the Companies Act, 2013.

Regulatory Compliance and Trading Window

In adherence to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s Code of Conduct, the trading window for designated persons and their immediate relatives closed on September 6, 2026. The window will remain closed until 48 hours after the announcement of the board meeting’s outcome.

The prior intimation was issued under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full disclosure is available on the company’s website.

ASM Technologies has appointed Ms. Amrita Verma Chowdhury as an additional non-executive, independent woman director. The appointment is effective from August 31, 2026.

The Board of Directors approved the move through a circular resolution passed on August 31, 2026. The appointment follows a recommendation by the Nomination and Remuneration Committee and is subject to shareholder approval in accordance with the Companies Act, 2013 and SEBI Listing Regulations.

Appointment Details

Ms. Chowdhury will serve a term of five consecutive years, running from August 31, 2026 to August 30, 2031. She holds DIN 02178520 and is not related to any existing directors of the company. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Profile

Ms. Chowdhury brings three decades of experience across technology, strategy consulting, and business transformation. She currently serves as an Independent Director on the boards of ZF Commercial Vehicle Solutions, Mahindra Lifespace Developers, and Nesco. Her board committee roles include chairing nomination and remuneration, stakeholder relationships, and risk management committees.

Her career began as a semiconductor engineer at Applied Materials, where she contributed to manufacturing innovation and co-invented seven US patents. She subsequently held leadership roles at AT Kearney, Harvard Business School, Harlequin India, and DY Works. As Director and CEO of Gaia, she leads the development of IoT, AI/ML, and digital-platform solutions for enterprises and governments.

Ms. Chowdhury holds a B.Tech from IIT Kanpur, an MS from UC Berkeley, and an MBA from Carnegie Mellon University's Tepper School of Business. She has co-authored 12 technical papers on semiconductors and white papers on e-governance for institutions including NITI Aayog and CII.