Description
Apollo Micro Systems Limited lists 2.70 crore new equity shares issued on preferential basis, effective August 11, 2025.
Summary
Apollo Micro Systems Limited (Scrip Code: 540879) has listed 2,70,42,894 new equity shares of Re. 1/- each issued at a premium of Rs. 113/- to non-promoters on a preferential basis. The shares will be available for trading from Monday, August 11, 2025.
Key Points
- 2,70,42,894 new equity shares of Re. 1/- each listed
- Issued at premium of Rs. 113/- (total issue price Rs. 114/-)
- Issued to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- Date of allotment: June 2, 2025
- ISIN: INE713T01028
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in period compliance required for issued shares
Important Dates
- Trading Start Date: August 11, 2025 (Monday)
- Date of Allotment: June 2, 2025
- Lock-in Period Ends: February 28, 2026
Impact Assessment
The preferential issue represents a significant dilution with 2.70 crore new shares being added to the existing share capital. All new shares are subject to lock-in until February 28, 2026, which means they cannot be traded immediately, providing some stability to the stock price. The issue to non-promoters may alter the shareholding pattern of the company.
Impact Justification
Large preferential issue affecting existing shareholding pattern with lock-in period