EGM Details

The 01/2026-27 Extra-ordinary General Meeting of ASM Technologies Limited will be held on Sunday, October 4, 2026, at 10:00 a.m. IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

The company has provided e-voting facilities which will commence on Wednesday, September 30, 2026, at 9:00 a.m. IST and end on Saturday, October 3, 2026, at 5:00 p.m. IST.

The cut-off date for determining members entitled to vote is Friday, September 4, 2026 (for notice purposes) and Friday, September 25, 2026 (for voting purposes).

Special Business Item 1: Preferential Issue of Securities

The company seeks shareholder approval through a special resolution to issue and allot up to 10,78,974 equity shares of face value ₹10 each at a price of ₹4,875 per share (including a premium of ₹4,865 per share) for a total amount of ₹525,99,98,250 (₹525.99 crore).

Proposed Allottees and Allocation:

| Allottee | Category | No. of Shares | Amount (₹) |

| SBI Mutual Fund through its schemes (SBI Balanced Hybrid Fund, Magnum Equity Ex-Top 100 Long Short Fund, SBI Children's Fund - Investment Plan) | Non-promoter (QIB) | 8,22,564 | 400,99,99,500 |

| SBI Emergent India Fund | Non-promoter (QIB) | 1,02,564 | 49,99,99,500 |

| Derive Trading and Resorts Private Limited | Non-promoter (Non-QIB) | 1,02,564 | 49,99,99,500 |

| Asha Mukul Agrawal | Non-promoter (Non-QIB) | 51,282 | 24,99,99,750 |

| Total | | 10,78,974 | 525,99,98,250 |

Pricing Details:
  • Relevant date for floor price calculation: September 4, 2026
  • Floor price as per SEBI ICDR Regulations: ₹4,864.20 per share
  • Issue price: ₹4,875 per share (higher than floor price)
  • Valuation report provided by Mr. Prejith Ayikara, Registered Valuer (IBBI/RV/2019/11966)
Utilization of Proceeds:

The net proceeds (after issue expenses) will be utilized as follows:

| Purpose | Amount (₹) |

| Various capital expenditure for organic growth and expansion | 190,24,10,535 |

| Funding inorganic growth including strategic acquisitions | 120,15,22,443 |

| Repayment/pre-payment of debt of Company/subsidiaries | 34,04,31,359 |

| Funding working capital requirements of Company/subsidiaries | 50,06,34,351 |

| Sub-total | 394,49,98,688 |

| General corporate purposes (not exceeding 25% of gross funds) | 131,49,99,562 |

| Total | 525,99,98,250 |

Note: Amounts mentioned in items (i), (ii), and (iii) above shall be interchangeable at the discretion of the Board.

Additional Details:
  • Monitoring agency: CARE Ratings Limited appointed to monitor utilization of proceeds
  • Allotment to be completed within 15 days of shareholder approval or 15 days after receiving last regulatory approval
  • Shares will rank pari-passu with existing equity shares
  • No lock-in requirement as allottees have no pre-issue shareholding
  • The issue will result in change in shareholding pattern (details provided in Annexure II)
  • Pre-issue promoter holding: 57.51% (83,90,011 shares)
  • Post-issue promoter holding: 53.55% (83,90,011 shares)
  • No participation by promoters, directors, KMPs or their relatives

Special Business Item 2: Appointment of Independent Woman Director

Appointment of Ms. Amrita Verma Chowdhury (DIN: 02178520) as Non-Executive, Independent Woman Director for a term of five years from August 31, 2026 to August 30, 2031.

Remuneration Details:
  • Entitled to receive remuneration by way of commission not exceeding 2% of net profits of the company
  • Remuneration cumulative with all non-executive directors
  • Minimum remuneration payable in case of inadequate or no profits
  • Sitting fees for board/committee meetings payable separately
Director Profile:
  • Age: 55 years (Date of Birth: November 16, 1970)
  • Qualifications: B.Tech. (IIT Kanpur), MS (University of California, Berkeley), MBA (Carnegie Mellon University)
  • Experience: Technology entrepreneur with three decades of experience across technology, strategy consulting, business transformation
  • Current directorships: ZF Commercial Vehicle Solutions, Mahindra Lifespace Developers, Nesco Limited, and others
  • No shares held in ASM Technologies Limited
  • Declaration of independence provided as required under Section 149(6) of Companies Act, 2013

Voting Arrangements

  • E-voting through KFin Technologies Limited platform
  • Scrutinizer: CS Pramod SM (M/s. BMP & Co. LLP) appointed to scrutinize e-voting process
  • Results to be declared on or before October 6, 2026

Documents Availability

All relevant documents including valuation report, explanatory statement, and director appointment letter are available for inspection on the company's website www.asmltd.com and can be accessed by sending email to compliance.officer@asmltd.com.