Board of ASM Technologies approves payment terms and call structure for rights issue

19 Jan 2022 , 01:34 AM

The Board of ASM Technologies at its meeting held on 14 January 2022 has approved filing of Draft Letter of Offer with revised payment terms and call structure with BSE for raising of funds through issuance and allotment of partly paid up equity shares of Rs 10 each equity shares to the eligible equity shareholders of the Company on a Rights basis on such terms and at such price and ratio as may be decided by the Board at a later date as on the record date to be notified subsequently for an amount aggregating upto Rs 115 crore subject to receipt of in-principle approval of BSE