
Corporate Governance13 Nov 2026, 10:21 pm
Apollo Micro Systems: Monitoring Agency Report for Q2 FY27
AI Summary
Apollo Micro Systems Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as per SEBI regulations. The report, issued by Acuite Ratings & Research Limited, confirms no deviation from the objects of the preferential issue. The preferential issue, conducted in April-May 2025, raised ₹742.25 Crore through Equity Shares and Convertible Warrants. All warrants have been converted into equity shares as of Q1 FY2026-27. The monitoring agency found that the utilization of issue proceeds is in line with the offer document disclosures, and no material deviations or unfavorable events affecting the viability of the objects were observed.
Key Highlights
- No deviation in utilization of preferential issue proceeds.
- Report covers quarter ended September 30, 2026.
- Preferential issue raised ₹742.25 Crore in April-May 2025.
- All warrants converted to equity shares by Q1 FY2026-27.
- Monitoring agency confirms adherence to offer document.
Price Impact
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