Description

Apollo Micro Systems Limited lists 1.21 crore equity shares issued at Rs. 114/- per share on preferential basis pursuant to conversion of warrants, effective January 9, 2026.

Summary

BSE notifies the listing of 1,21,47,964 new equity shares of Apollo Micro Systems Limited (Scrip Code: 540879) with effect from January 9, 2026. These shares were issued at Rs. 114/- per share (face value Rs. 1/- plus premium of Rs. 113/-) 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 shares listed: 1,21,47,964 equity shares of Rs. 1/- each
  • Issue price: Rs. 114/- per share (including premium of Rs. 113/-)
  • Allotment date: November 26, 2025
  • Trading commencement: January 9, 2026
  • ISIN: INE713T01028
  • Distinctive Numbers: 342243737 to 354391700
  • Issued on preferential basis pursuant to warrant conversion
  • New shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a standard listing notification for newly allotted securities.

Compliance Requirements

  • Trading members are informed to enable trading in these new securities from January 9, 2026
  • Lock-in restrictions must be observed as per the schedule provided
  • Standard trading and settlement procedures apply for these securities

Important Dates

  • Allotment Date: November 26, 2025
  • Trading Commencement: January 9, 2026
  • Lock-in Expiry (Batch 1): July 9, 2026 for 14,61,764 shares (Dist. Nos. 352929937-354391700)
  • Lock-in Expiry (Batch 2): July 9, 2027 for 1,06,86,200 shares (Dist. Nos. 342243737-352929936)

Impact Assessment

Market Impact: The listing of approximately 12.1 million new shares represents significant equity dilution. However, the staggered lock-in periods (until July 2026 and July 2027) will limit immediate selling pressure, with 87.96% of shares locked until 2027.

Shareholder Impact: Existing shareholders will experience dilution from this preferential allotment. The lock-in provisions provide some protection against immediate market overhang.

Liquidity Impact: Medium-term liquidity may be enhanced once lock-in periods expire, though immediate impact is minimal due to lock-in restrictions on the majority of newly issued shares.

Impact Justification

Material listing event involving significant equity dilution (12.1 million shares) with lock-in periods, relevant for existing shareholders and market participants tracking Apollo Micro Systems.