Description

65.69 lakh equity shares of Apollo Micro Systems Limited issued on preferential basis pursuant to conversion of warrants will be listed on BSE from January 9, 2026.

Summary

BSE has approved the listing of 65,69,000 new equity shares of Apollo Micro Systems Limited (Scrip Code: 540879) issued on a preferential basis to Promoter and Non-Promoter categories pursuant to conversion of warrants. The shares will commence trading from January 9, 2026, and rank pari-passu with existing equity shares.

Key Points

  • 65,69,000 equity shares of Re. 1/- each issued at a premium of Rs. 113/- per share
  • Issue price: Rs. 114/- per share
  • Allotment date: November 19, 2025
  • Trading commencement: January 9, 2026
  • Distinctive Numbers: 335674737 to 342243736
  • ISIN: INE713T01028
  • Shares rank pari-passu with existing equity shares
  • Issued to Promoter and Non-Promoter on preferential basis pursuant to warrant conversion

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of these new securities
  • Lock-in restrictions apply as per details below
  • Shares subject to standard listing agreement provisions

Important Dates

  • Allotment Date: November 19, 2025
  • Trading Commencement: January 9, 2026
  • Lock-in Period Expiry:
    • 61,15,000 shares (Dist. Nos. 335674737-341789736): July 9, 2027
    • 4,54,000 shares (Dist. Nos. 341789737-342243736): July 9, 2026

Impact Assessment

Market Impact: Low - This is a routine listing of preferential allotment shares from warrant conversion. The 65.69 lakh shares represent a capital raise of approximately Rs. 7.49 crore at the issue price of Rs. 114 per share.

Operational Impact: The majority of shares (61.15 lakh) are locked in until July 2027, with only 4.54 lakh shares having a shorter lock-in until July 2026. This limits immediate supply to the market and reduces short-term dilution impact on existing shareholders.

Impact Justification

Routine listing of preferential allotment shares from warrant conversion with lock-in periods. Limited market impact due to small size relative to company operations.