Description

Apollo Micro Systems Limited lists 21,07,194 equity shares issued at Rs. 114/- on preferential basis pursuant to conversion of warrants, effective November 28, 2025.

Summary

BSE has approved the listing and trading of 21,07,194 new equity shares of Apollo Micro Systems Limited (Scrip Code: 540879) effective November 28, 2025. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 114/- per share (face value Re. 1/- with premium of Rs. 113/-). The shares rank pari-passu with existing equity shares and are subject to lock-in until May 31, 2026.

Key Points

  • 21,07,194 equity shares of Re. 1/- each issued at premium of Rs. 113/-
  • Issue price: Rs. 114/- per share
  • Allotment date: September 22, 2025
  • Trading commencement: November 28, 2025
  • Issued to non-promoters on preferential basis
  • Shares issued pursuant to conversion of warrants
  • Distinctive numbers: 333532455 to 335639648
  • ISIN: INE713T01028
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a standard listing notification following preferential allotment procedures.

Compliance Requirements

  • Trading members are informed to note the new securities for trading purposes
  • Lock-in restrictions must be observed as per regulatory requirements
  • All 21,07,194 shares are subject to lock-in provisions

Important Dates

  • Allotment Date: September 22, 2025
  • Trading Commencement: November 28, 2025 (Friday)
  • Lock-in Period Ends: May 31, 2026
  • Notice Date: November 27, 2025

Impact Assessment

Market Impact: Low. This is a routine listing of shares from warrant conversion representing a modest dilution. The shares rank pari-passu with existing equity, ensuring no differential rights.

Liquidity Impact: Minimal immediate impact as all issued shares are locked-in until May 31, 2026, preventing them from trading in the market until lock-in expiry.

Shareholder Impact: Non-promoter shareholders who converted warrants now hold listed equity with standard lock-in restrictions.

Capital Structure: Increases total equity share capital of Apollo Micro Systems Limited; shares issued at premium indicate positive valuation.

Impact Justification

Routine listing of new shares from warrant conversion with standard lock-in period; minimal market impact as shares rank pari-passu with existing equity