Description
Apollo Micro Systems Limited lists 21,07,194 equity shares issued at Rs. 114/- on preferential basis pursuant to warrant conversion, effective November 28, 2025.
Summary
BSE has listed 21,07,194 new equity shares of Apollo Micro Systems Limited (Scrip Code: 540879) issued on preferential basis to non-promoters pursuant to warrant conversion. The shares will be available for trading from November 28, 2025, and rank pari-passu with existing equity shares. All shares are subject to lock-in until May 31, 2026.
Key Points
- 21,07,194 equity shares of Re. 1/- each issued at a premium of Rs. 113/-
- Issue price: Rs. 114/- per share
- Issued to non-promoters on preferential basis pursuant to conversion of warrants
- Shares rank pari-passu with existing equity shares
- ISIN: INE713T01028
- Distinctive Numbers: 333532455 to 335639648
- Date of Allotment: September 22, 2025
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification following SEBI guidelines for preferential allotment and warrant conversion.
Compliance Requirements
- Trading members must note the new securities in their systems
- Lock-in period must be observed until May 31, 2026 for all 21,07,194 shares
- Shares to be treated as pari-passu with existing equity shares for all corporate actions
Important Dates
- Allotment Date: September 22, 2025
- Trading Start Date: November 28, 2025
- Lock-in Expiry: May 31, 2026
Impact Assessment
Minimal market impact expected. This is a routine listing of shares arising from warrant conversion on preferential basis. The lock-in period until May 31, 2026 ensures these shares cannot be traded immediately, preventing any dilution impact on existing shareholders. The shares represent capital raised from non-promoters and will rank equally with existing equity shares for dividends and voting rights.
Impact Justification
Routine listing of shares from warrant conversion with lock-in restrictions; affects only non-promoter shareholders of Apollo Micro Systems Limited.