ASM Technologies Approves ₹526 Crore Preferential Issue To Institutional Investors

Board approved preferential issue of 10,78,974 shares at Rs 4875 for Rs 526 Cr to SBI MF, SBI Alternate Fund, Derive Trading and Asha Agrawal; EGM Oct 4, 2026. First large institutional backing anchored by SBI MF; step change from prior small warrants funding toward DLM scale-up, Karnataka/Tamil Nadu expansions and proposed strategic investments. Use of proceeds and capex linkage not disclosed; subject to shareholder approval and pricing rules; dilution impact, working-capital relief and promoter encumbrance remain key read-throughs.