Description

Apollo Micro Systems Limited lists 65,69,000 new equity shares issued on preferential basis pursuant to warrant conversion, effective January 9, 2026.

Summary

BSE has announced the listing and trading commencement of 65,69,000 new equity shares of Apollo Micro Systems Limited (Scrip Code: 540879) effective Friday, January 9, 2026. These shares were issued at a premium of Rs. 113/- per share (face value Re. 1/-) to Promoters and Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares.

Key Points

  • Total new shares listed: 65,69,000 equity shares of Re. 1/- each
  • Issue price: Rs. 114/- (Rs. 113/- premium + Re. 1/- face value)
  • Date of allotment: November 19, 2025
  • Trading commencement: January 9, 2026
  • Distribution numbers: 335674737 to 342243736
  • ISIN: INE713T01028
  • Nature: Preferential issue pursuant to warrant conversion
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the new securities for trading purposes
  • Lock-in restrictions apply to all issued shares as per SEBI regulations
  • Members must update records with new distribution numbers and ISIN details

Important Dates

  • Date of Allotment: November 19, 2025
  • Trading Commencement: January 9, 2026
  • Lock-in Expiry (4,54,000 shares): July 9, 2026
  • Lock-in Expiry (61,15,000 shares): July 9, 2027

Impact Assessment

Market Impact: Minimal. This is a routine listing of preferential shares representing warrant conversion. The lock-in periods (1-year for 4.54 lakh shares and 18-months for 61.15 lakh shares) will restrict immediate supply in the market.

Operational Impact: Trading members need to update their systems to recognize the new securities and associated lock-in restrictions. The preferential allotment increases the total issued equity capital of Apollo Micro Systems Limited.

Investor Impact: Existing shareholders should note dilution from 65.69 lakh new shares. However, since these rank pari-passu with existing shares, there are no differential rights or privileges.

Impact Justification

Routine listing of preferential equity shares post warrant conversion affecting single company with lock-in periods