Artificial Electronics Intelligent Material Limited Secures BSE Approval for Preferential Issue

1 min read     Updated on 05 Nov 2025, 08:20 AM
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Overview

Artificial Electronics Intelligent Material Limited (AEIM) has obtained in-principle approval from BSE for a preferential issue of 1,24,67,500 equity shares to non-promoters and 1,18,00,000 convertible warrants to promoters at Rs. 40 per share. The approval, dated November 3, 2025, comes with conditions including separate listing approval, regulatory compliance, strengthened internal controls, and specific undertakings from allottees. AEIM must submit a listing application within 20 days of allotment.

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*this image is generated using AI for illustrative purposes only.

Artificial Electronics Intelligent Material Limited (AEIM), formerly known as Datasoft Application Software India Limited, has received in-principle approval from BSE Limited for a preferential issue of equity shares and convertible warrants. This development marks a step in the company's capital raising efforts.

Key Details of the Preferential Issue

Particulars Details
Equity Shares to Non-Promoters 1,24,67,500
Convertible Warrants to Promoters 1,18,00,000
Issue Price Rs. 40.00
Face Value Rs. 10.00
Premium Rs. 30.00
Approval Date November 3, 2025

Regulatory Compliance and Next Steps

The BSE's approval, granted through a letter dated November 3, 2025, comes with several conditions:

  1. Separate Listing Approval: AEIM must obtain separate approval for listing of the issued securities.

  2. Regulatory Compliance: The company is required to ensure compliance with various regulations, including:

    • Companies Act 2013
    • SEBI ICDR Regulations 2018
    • LODR Regulations 2015
  3. Internal Controls: BSE has advised AEIM to strengthen its internal controls to monitor trades executed by the proposed allottees.

  4. Allottee Undertakings: The company must obtain undertakings from allottees confirming they will not engage in intra-day trading or sell the company's shares until the allotment date.

  5. Listing Application: AEIM is required to submit a listing application within twenty days of allotment, along with applicable fees.

Implications

This preferential issue represents a move for Artificial Electronics Intelligent Material Limited, potentially strengthening its capital base. The inclusion of both non-promoter equity shares and promoter convertible warrants suggests an approach to capital raising, potentially aligning the interests of promoters with the company's future performance.

Investors and market participants may watch how AEIM utilizes this capital infusion and whether it translates into financial performance and market position in the coming quarters.

As the company moves forward with this preferential issue, adherence to regulatory requirements and transparent communication with stakeholders will be crucial in maintaining market confidence and ensuring execution of this capital raising initiative.

Historical Stock Returns for Artificial Electronics Intelligent

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+1.71%-8.41%+9.96%-42.49%-41.76%+139.44%
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AEIM Expands into Electronic Design Automation with New Subsidiary AIMOTO WORKS

1 min read     Updated on 28 Oct 2025, 07:24 PM
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Reviewed by
Riya DScanX News Team
Overview

Artificial Electronics Intelligent Material Limited (AEIM) has incorporated a new subsidiary, AIMOTO WORKS PRIVATE LIMITED, to enter the Electronic Design Automation (EDA) industry. The subsidiary, incorporated on October 27, 2025, has an authorized share capital of Rs. 15 lakh and a paid-up capital of Rs. 10 lakh, with AEIM holding a 53% stake. AIMOTO WORKS will focus on PCB design, electronic design solutions, high-speed circuits, and EDA-based simulations. AEIM directors Mr. Eswara Rao Nandam and Mr. Vishaal Nandam are listed as promoters. The subsidiary is yet to commence operations.

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*this image is generated using AI for illustrative purposes only.

Artificial Electronics Intelligent Material Limited (AEIM) has announced a strategic move into the Electronic Design Automation (EDA) industry with the incorporation of its new subsidiary, AIMOTO WORKS PRIVATE LIMITED. The Ministry of Corporate Affairs (MCA) issued the Certificate of Incorporation for AIMOTO WORKS on October 27, 2025, marking AEIM's expansion into a specialized tech sector.

Key Details of the New Subsidiary

Aspect Details
Company Name AIMOTO WORKS PRIVATE LIMITED
Incorporation Date October 27, 2025
Authorized Share Capital Rs. 15.00 lakh (1.5 lakh equity shares of Rs. 10 each)
Paid-up Capital Rs. 10.00 lakh
AEIM's Shareholding 53%
Industry Electronic Design Automation

Business Focus

AIMOTO WORKS is set to operate in the Electronic Design Automation sector, with a comprehensive range of services including:

  • Designing, developing, and manufacturing Printed Circuit Boards (PCBs)
  • Providing end-to-end electronic design solutions
  • Developing high-speed and radio frequency (RF) circuits
  • Power electronics and mixed-signal systems
  • Advanced EDA-based simulations
  • Rapid prototyping services

The new entity aims to cater to a diverse clientele, including individuals, innovators, startups, and enterprises, offering solutions to transform concepts into reliable, efficient, and high-performance products.

Management and Governance

AEIM directors Mr. Eswara Rao Nandam and Mr. Vishaal Nandam are listed as promoters of AIMOTO WORKS. The share subscription for the new subsidiary has been conducted at arm's length pricing, ensuring transparency in the transaction.

Strategic Implications

This move signifies AEIM's intent to diversify its portfolio and tap into the growing EDA market. By establishing a majority-owned subsidiary in this specialized field, AEIM is positioning itself to capitalize on the increasing demand for electronic design solutions across various industries.

Current Status

As of the announcement, AIMOTO WORKS is yet to commence its business operations. The company's registered address is located at Building No. GB-200B, Green Base Industrial & Logistics Park, Thriveni Nagar, Vadakapattu Village, Oragadam, Chengalpattu, Kanchipuram, Tamil Nadu, India – 603 204.

This strategic expansion by AEIM into the EDA sector through AIMOTO WORKS reflects the company's commitment to growth and innovation in the electronics industry. As the subsidiary begins its operations, it will be interesting to observe how this venture contributes to AEIM's overall business strategy and financial performance in the coming years.

Historical Stock Returns for Artificial Electronics Intelligent

1 Day5 Days1 Month6 Months1 Year5 Years
+1.71%-8.41%+9.96%-42.49%-41.76%+139.44%
Artificial Electronics Intelligent
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