ASM Technologies Reports Robust Utilization of Qualified Institutions Placement Proceeds Aug 15, 2025
ASM Technologies has utilized Rs 91.49 crore out of Rs 170.00 crore raised through QIP in March 2024. Rs 66.21 crore was allocated for growth opportunities and acquisitions, while Rs 25.28 crore went to general corporate purposes. The company received an additional Rs 40.72 crore from warrant conversions. Unutilized funds of Rs 23.72 crore are in fixed deposits earning 4.75%. CRISIL Ratings reported no deviations from the disclosed objectives.
ASM Technologies' Q1 Net Profit Soars 403% as Revenue Doubles Aug 11, 2025