Announced Tue, 23 Jun · 18:42 IST
Apollo Micro Systems allots 21.43 lakh shares on warrant conversion
APOLLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.6%1-day move
₹406.95
prior close
₹407.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.9+1.0+0.4-1.0-5.6-0.0+4.4+3.4+8.1+3.7-2.2-3.1——
Up moveDown movePending
AI summary
Apollo Micro Systems allotted 21,43,095 equity shares (about 21.43 lakh) to 3 allottees on conversion of warrants from the June 2025 preferential issue. The company received about Rs. 18.32 crore as exercise price at Rs. 85.50 per share (75 percent of Rs. 114 issue price). Allottees: Reena Karwa, Superstar Investments, and Trikaya Wealth Advisors. Paid-up share capital rose to about Rs. 37.16 crore. All 3.80 crore warrants from the original issue are now fully converted.
Likely market impact
Minor dilution from new shares; full conversion signals investor confidence and completes the capital raise from the warrants.