
Corporate Action23 Jul 2026, 04:50 pm
Apollo Micro Systems Lists 1.42 Cr Equity Shares Post Preferential Issue
AI Summary
Apollo Micro Systems Ltd announced the listing and trading approval for 14,294,072 equity shares of Re.1 each, issued on a preferential basis. These shares were allotted upon conversion of convertible warrants issued on June 8th, 17th, and 23rd, 2026, to non-promoters. The shares are admitted to dealings on both NSE and BSE effective July 23, 2026. The issue price was Rs. 114/- per share (including a premium of Rs. 113/-). The shares rank pari-passu with existing equity shares. A lock-in period is in effect until January 23, 2027, for these newly listed shares.
Key Highlights
- 14,294,072 equity shares listed on NSE and BSE.
- Shares issued on preferential basis via convertible warrants.
- Lock-in period until January 23, 2027.
- Issue price was Rs. 114 per share.
- Shares rank pari-passu with existing equity.
Price Impact
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