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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Amic Forging Ltd

Amic Forging allots 8,00,000 equity shares from warrant conversion; paid-up capital rises to Rs. 11,54,88,350

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 20 Apr 2026, 07:49 PM IST  ·  BSE ID: 85ac907d-4a7b-4e2d-ac7a-fe1e904f0187
View Original BSE Filing (PDF)
💡
In Simple Terms
The company converted 8 lakh warrants into equity shares after investors paid the balance amount, increasing the company's share capital by Rs. 80 lakh.
🤖 AI Summary
  • Board approved allotment of 8,00,000 equity shares from warrant conversion on 20 April 2026
  • Conversion price Rs. 908.25 per warrant (75% of Rs. 1,211 issue price) received from 29 allottees
  • Total consideration: Rs. 72,66,00,000 aggregated from balance 75% exercise price across allottees
  • Paid-up capital increased from Rs. 10,74,88,350 to Rs. 11,54,88,350 (1,15,48,835 shares at Rs. 10 face value)
  • Appointment of Vrijay Chopra as Additional Non-Executive Non-Independent Director effective April 20, 2026
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity shares allotted from warrant conversion
8,00,000 shares
Conversion price per warrant
Rs. 908.25 per warrant (75% of Rs. 1,211 issue price)
Total consideration amount received
Rs. 72,66,00,000
Paid-up capital (pre-allotment)
Rs. 10,74,88,350 (1,07,48,835 shares at Rs. 10 face value)
Paid-up capital (post-allotment)
Rs. 11,54,88,350 (1,15,48,835 shares at Rs. 10 face value)
Number of warrant allottees converted
29 investors
Warrants transferred mid-tenure
55,000 warrants (1 existing holder to 1 new allottee)
🏢 How This Affects the Company
📈
Business Impact
Capital base strengthened through equity infusion of Rs. 72,66,00,000 from warrant conversion. No direct revenue impact; capitalisation increase supports operational expansion and balance sheet strengthening.
💰
Financial Impact
Paid-up capital increased by Rs. 80,00,000 (from Rs. 10,74,88,350 to Rs. 11,54,88,350). Company received Rs. 72,66,00,000 in cash (75% exercise price). Dilution of Rs. 10 per share face value equity by 8,00,000 new shares ranks pari-passu with existing equity.
⚠️
Risk Impact
Equity dilution of 7.45% (8,00,000 new shares vs 1,07,48,835 existing shares pre-allotment). No material risk change; conversion was planned instrument per October 2024 warrant allotment terms.
👥 What This Means For Shareholders
✅
Action Required
Monitor BSE application for listing and trading of 8,00,000 newly allotted equity shares; ensure demat holdings updated with new share allotment confirmation.
👤
Who Is Affected
Existing shareholders diluted by 7.45% (8,00,000 new shares added to 1,07,48,835 existing = new base of 1,15,48,835). EPS per share diluted proportionately. 29 warrant allottees (named in filing) become equity shareholders with rank parity.
🔍
Management Signal
Management executed preplanned warrant-to-equity conversion on schedule, demonstrating capital raise execution discipline and investor commitment to shareholding equity upside.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
BSE listing and trading approval filing — verify 8,00,000 new shares permitted trading within 15 days
Q1 FY27 results — track EPS impact from 7.45% share dilution and capital deployment effectiveness
Shareholding pattern disclosure (next quarterly) — confirm 29 allottees' final shareholding % and promoter classification
LOW RISK Warrant conversion executed on preplanned terms per October 2024 allotment. No new instrument risk; equity dilution 7.45% is disclosed and manageable within capital structure.
💡 Investor Takeaway
Amic Forging successfully converted 8,00,000 warrants into equity shares after receiving Rs. 72,66,00,000 (75% exercise price) from 29 investors. Paid-up capital increased to Rs. 11,54,88,350. New shares rank pari-passu with existing equity, diluting ownership by 7.45%.
⚖️ Strengths & Concerns

✅ Positives

  • Successful capital raise of Rs. 72,66,00,000 through warrant conversion; 29 investors subscribed completing 75% payment
  • Clear warrant-to-equity conversion executed as per original October 2024 terms with transparent pricing structure

⚠️ Concerns

  • Equity dilution of 7.45% from 8,00,000 new shares; EPS impact on existing shareholders from capital base expansion
  • Warrant transfer by one holder (55,000 warrants) mid-tenure introduces allottee changes within same instrument class
📅 Company Track Record
Amic Forging (formerly Amic Forging Pvt. Ltd.) is a Kolkata-based forging company registered in 2007 (CIN: L27100WB2007PLC116674). This is the first available BSE filing on record. Warrant allotment was originally disclosed on 17 October 2024; conversion completed 20 April 2026 after 75% payment received from allottees.

Based on publicly available historical data. For context only.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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