ASM Tech shares rally 10% to record high as Radhakishan Damani, Mukul Agrawal join Rs 526-crore preferential issue

ASM Technologies share price rallied sharply on Wednesday to hit a record high after the company approved a Rs 526-crore preferential issue involving entities linked to Radhakishan Damani and Mukul Agrawal. The engineering services firm will issue 10.78 lakh shares at Rs 4,875 apiece, while existing investors will gain fresh exposure.

This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.