ASM Technologies Limited announced a private placement to issue 800,000 shares at an issue price of INR 470.70 (premium of INR 460.70) for the gross proceeds of INR 376,560,000 and 2,814,390 warrants at an issue price of INR 118 for the gross proceeds of INR 332,098,020; aggregate gross proceeds of INR 708,658,020 on February 11, 2024. The transaction will include participation from new individual investors Mukul Mahavir Agrawal 762,500 shares, 762,500 warrants, Hardik Agrawal 12,500 shares, 12,500 warrants, Viay Khetan 10,000 shares, 10,000 warrants, Krimali Bhavin Thakkar 5,000 shares, 5,000 warrants, Madhukeshwar Desai 5,000 shares, 5,000 warrants, Madhu Kashyap L C 5,000 shares, 5,000 warrants, Ajeet Modi 51,000 warrants, Aaryavardhan Modi 51,000 warrants, Ajeet Modi HUF 51,000 warrants and S Rabindra 1,761,390 warrants. The transaction has been approved by the shareholders of the company.