Apollo Micro Systems converts warrants, boosting paid-up capital

Apollo Micro Systems announced the allotment of 35,088 equity shares, each with a face value of Re. 1/-, following the exercise of warrants on a preferential basis. The Securities Allotment Committee approved this allotment on November 12, 2025. The conversion resulted from the receipt of INR 3,000,024 as "Warrant Exercise Price" from Piyush Bhupendra Gala.

The exercise price for these warrants was INR 85.50 per warrant, representing 75% of the total issue price of INR 114/- per warrant. This latest conversion increased the company's issued and paid-up capital to INR 33,56,74,736, comprising 33,56,74,736 equity shares.

The new equity shares will rank pari passu with the existing equity shares of the company. A listing application for these additional shares will be submitted to the BSE Limited and National Stock Exchange of India Limited.