Apollo Micro Systems allots shares, extends warrant conversion deadline

On November 19, 2025, Apollo Micro Systems Limited allotted 6,569,000 equity shares, each with a face value of Re. 1, following the conversion of warrants by preferential allottees. This allotment was made upon the receipt of INR 56,16,49,500 as "Warrant Exercise Price." The company's issued and paid-up capital has consequently increased to INR 34,22,43,736, consisting of 34,22,43,736 equity shares. These newly allotted shares will rank pari passu with existing equity shares.

The allotment was made to three warrant holders, including Baddam Kanishka Reddy and Superstar Investments Private Limited, who converted a total of 6,569,000 warrants at an issue price of INR 114.00 each. The initial allotment involved 38,067,058 warrants, and 8,711,282 warrants have now been converted into equity shares.

Furthermore, Apollo Micro Systems' board of directors extended the conversion period for the remaining 29,355,776 warrants into equity shares from December 1, 2025, to June 30, 2026. Unexercised warrants after this period will lapse, and amounts paid by warrant holders will be forfeited.