Apollo Micro Systems Raises ₹3322 Cr via Preferential Issue

Apollo Micro Systems Ltd has announced a significant preferential issue, aiming to raise approximately ₹3322.23 Crores. The issue comprises 2,28,30,902 Equity Shares for ₹951.14 Crores and 5,69,15,380 Convertible Equity Warrants for ₹2371.09 Crores. The issue price for both equity shares and warrants is set at ₹416.60 per unit. The company is correcting and re-enclosing earlier submitted annexures related to this preferential issue. The convertible warrants can be exercised within 12 months from the allotment date, with each warrant convertible into one equity share.