• SENSEX 72,771.72
    -1,124.02 (--1.52%)
  • BANKNIFTY 54,471.65
    -1,108.75 (--1.99%)
Back

Corporate News

ASM Technologies seeks to raise up to Rs 525.99 crore via share issuance to investors
25-Sep-2026, 05:31

ASM Technologies Limited announced a corrigendum to the notice of its October 4, 2026, Extraordinary General Meeting, following advice from the BSE Limited. The company intends to raise up to Rs 525,99,98,250 through the issuance of 10,78,974 equity shares on a preferential basis to eligible QIB and Non-QIB investors, with proceeds earmarked for capital expenditure, strategic acquisitions, debt repayment, and working capital requirements, among other uses, with timelines extending to March 31, 2032.