AGM/EGM13 Jul 2026, 10:30 pm
Apollo Micro Systems to hold EGM on Aug 4, 2026 for capital hike
AI Summary
Apollo Micro Systems Ltd has announced an Extra-ordinary General Meeting (EGM) to be held on August 4, 2026, via Video Conferencing. The primary agenda is to increase the company's authorised share capital from ₹45 crore to ₹63 crore, an increase of ₹18 crore. This will be achieved by issuing new equity shares. Additionally, the EGM will seek approval to modify the Memorandum of Association to reflect the increased capital. The meeting will also discuss the preferential issue of equity shares to identified non-promoter persons/entities, subject to regulatory approvals.
Key Highlights
- EGM scheduled for August 4, 2026, to discuss capital increase.
- Authorised share capital proposed to increase from ₹45 crore to ₹63 crore.
- Meeting to consider preferential issue of equity shares to non-promoters.
- Proposed modification of Memorandum of Association for capital structure.
Price Impact
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