Filing of newspaper publication of the Basis of Allotment in connection with the Right issue of equity shares of the Company. The advertisement was published in the following newspaper: 1. ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Apollo Ingredients Limited has filed copies of newspaper advertisements regarding the Basis of Allotment for its Rights Issue, published on August 15, 2025 in Financial Express, Jansatta, and Pratahkal. The Rights Issue of up to 1 crore equity shares at Rs. 5 each (face value), in the ratio of 25:1, received applications for 1,07,23,533 shares from 266 applicants. After rejecting 233 applications for 2,28,634 shares on technical grounds, 33 valid applications for 1,04,94,899 shares (104.95% subscription) were received. The Board approved allotment of 1,00,00,000 fully paid-up shares on August 12, 2025, aggregating Rs. 500 lakhs. Shares have been credited to demat accounts and trading on BSE is expected to begin on or before August 19, 2025.
The Rights Issue was oversubscribed at 104.95%, indicating reasonable investor interest despite the small issue size of Rs. 500 lakhs. Shareholders who exercised their rights will see new shares in their demat accounts and potential dilution of 25x their existing holding. The new shares are expected to start trading on BSE by August 19, 2025, which may create short-term supply pressure on the stock price.