Amic Forging has announced a significant development that could potentially shape its financial future. The company's Board of Directors is set to convene on September 24, 2025, to deliberate on a proposal for raising funds through various financial instruments.

Key Points of the Upcoming Board Meeting

Fund Raising Proposal Details

The board meeting will focus on exploring various avenues for capital infusion. The company is considering a range of securities, including but not limited to:

• Equity shares
• Debentures
• Warrants
• Preference shares
• Other equity-linked securities

The fund raising may be conducted through several permissible modes, with private placement and qualified institutional placement being explicitly mentioned as potential routes.

Additional Matters on the Agenda

1. Approval of Ancillary Actions: The board will discuss and potentially approve necessary actions related to the proposed fund raising.
2. Regulatory Compliance: The proposal will be subject to regulatory and statutory approvals as required.
3. Shareholder Approval: The board will approve the notice for an Extra-ordinary General Meeting (EGM) or postal ballot to seek shareholder approval for the fund raising proposal.

Trading Window Closure

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, Amic Forging has implemented the following measures:

• The trading window for the company's equity shares has been closed with immediate effect.
• This closure applies to all directors and designated persons of the company.
• The trading window will remain closed until 48 hours after the meeting outcome is made public on September 24, 2025.

Company Secretary Statement

Neha Fatehpuria, Company Secretary of Amic Forging Limited, has officially communicated these developments to the BSE Limited, ensuring transparency and compliance with regulatory requirements.

This strategic move by Amic Forging suggests that the company might be gearing up for expansion, debt restructuring, or other significant corporate actions. Shareholders and potential investors will be keenly watching the outcome of this crucial board meeting, which could have substantial implications for the company's financial structure and future growth prospects.

Amic Forging Limited (BSE: 544037), a specialist in assembling and manufacturing precision engineering products, has announced a significant new order valued at ₹54.60 million (₹5.46 crore). This development marks a notable achievement for the Kolkata-based company, reinforcing its standing in the competitive precision engineering sector.

Order Details

The order, secured from a reputed customer described as a joint venture of Mitsubishi Heavy Industries and partners, involves the supply of high-performance roller segments. This contract not only highlights AMIC Forging's engineering prowess but also demonstrates the company's ability to attract business from established industry players.

Company Profile

AMIC Forging Limited, founded in 2007, has established itself as a prominent Indian manufacturer of open-die forgings and precision machined components. The company's manufacturing processes adhere to international standards (AISI, BS, IS, DIN) across various materials, including steel alloys, stainless steel, nickel, and tool steels.

Industry Impact

The company serves a diverse range of critical industries, including:

• Heavy engineering
• Steel
• Oil & gas
• Petrochemicals
• Thermal and nuclear power
• Hydro power
• Cement
• Sugar
• Mining

This wide-ranging industrial application underscores the versatility and quality of AMIC Forging's products.

Financial Performance

In the fiscal year 2024-25, AMIC Forging demonstrated strong financial performance:

Market Implications

This new order is expected to contribute positively to AMIC Forging's financial outlook. It also serves as a testament to the company's reputation for delivering high-quality, precision-engineered components to demanding clients in various industrial sectors.

The securing of this order may be seen as a positive indicator of the company's competitive position and its potential for future growth in the precision engineering market. However, as with all forward-looking statements, actual results may vary based on various factors including market conditions and operational execution.

AMIC Forging Limited continues to position itself as a key player in the precision engineering sector, with this latest order further solidifying its market presence and demonstrating its ability to secure significant contracts in a competitive industry landscape.