Amic Forging Limited raises **INR 582.44 million** from Motilal Oswal Financial Services, Calliope Capital Advisors, Kvasa Capital, Infiniterise Ventures, BAS Associates, and other investors. The funding includes **26,200 equity shares** (INR 1,525 each) and **1.42 million convertible warrants** (INR 381.25 each). The transaction closed on **July 9, 2026**, with new investors like Kvasa Capital and Motilal Oswal participating in the round.
Amic Forging’s extraordinary general meeting approves a **Rs. 220.99 crore** preferential equity issue to non-promoter investors and raises authorized capital to **Rs. 15 crore**. The meeting also appoints **Mr. S Subrahmanyam** as an Independent Director and **Mr. Vijay Chopra** as a Non-Independent Director, with all resolutions passing unanimously.
Amic Forging Ltd approves the issuance of up to **26,200 shares** at **₹1,525 each** as part of a preferential allotment. The company also authorizes convertible warrants worth up to **₹2.17 billion** under the same approval. The move aims to raise capital through equity-linked instruments.
AMIC Forging Limited reports a **53.61% year-over-year jump in EBITDA** for H1 FY2026, reaching ₹1,822.85 lakhs. The company’s profitability improves to a **27.38% EBITDA margin**, driven by specialized forging execution. Revenue rises **4.57% YoY to ₹6,658.04 lakhs**, while ongoing capex nears completion despite weather-related delays.