Apollo Micro Systems Allots 21.4 Lakh Shares on Warrant Conversion

Apollo Micro Systems Ltd has announced the allotment of 21,43,095 equity shares following the conversion of warrants. These warrants were initially allotted on a preferential basis. The company received an aggregate amount of ₹18,32,34,622.5 as the "Warrant Exercise Price" from three allottees: Trikaya Wealth Advisors Pvt Ltd, Superstar Investments Private Limited, and Reena Karwa. This conversion increases the company's issued and paid-up capital to ₹37,15,99,512, comprising 37,15,99,512 equity shares of Re. 1/- each. The newly allotted shares will rank pari passu with the existing equity shares.