StockWatch
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Aerospace & Defense
Regulatory14 Aug 2026, 06:40 pm

Apollo Micro Systems: No Deviation in Preferential Issue Proceeds Utilization for Q1 FY27

AI Summary

Apollo Micro Systems Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Acuite Ratings & Research Limited, confirms that there has been no deviation in the utilization of funds raised through a preferential issue. The total issue size was ₹742.25 Cr, comprising equity shares and convertible warrants. The company has utilized the proceeds as per the objects outlined in the offer document. The report also states that no material deviation requiring shareholder approval was observed, and the means of finance for the disclosed objects remain unchanged.

Key Highlights

  • No deviation observed in preferential issue proceeds utilization.
  • Report covers Q1 FY2026-27 for Apollo Micro Systems Ltd.
  • Monitoring Agency: Acuite Ratings & Research Limited.
  • Total issue size was ₹742.25 Cr.
  • Funds utilized as per offer document disclosures.