Apollo Micro Systems Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

APOLLO · price

Loading chart…

▲ 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

+11.4%1-day move

₹320.00

prior close

₹326.80

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.2+0.4+3.6+2.6+11.4+11.3+10.6+26.6+28.4+28.1+24.6+35.4+22.3—

Up moveDown movePending

AI summary

Apollo Micro Systems has confirmed no deviation in the use of Rs. 185.13 crore raised via preferential issue of convertible equity warrants. The funds, received during Q3 FY26 (November–December 2025), were fully deployed by Q4 FY26 (March 2026) across four stated objects: Working Capital (Rs. 45,477 Lakhs), R&D for futuristic technologies (Rs. 1,682 Lakhs spent out of Rs. 6,821 Lakhs allocated), Investment in Subsidiaries (Rs. 6,003 Lakhs), and General Corporate Purposes (Rs. 12,325 Lakhs spent out of Rs. 15,924 Lakhs allocated). Total proceeds came to Rs. 74,225 Lakhs, short of the originally estimated Rs. 81,608 Lakhs due to lower-than-expected subscription, and allocations were revised proportionally. No warrants were converted during the quarter. The Audit Committee reviewed and approved the utilization with nil comments. Monitoring agency is Acuite Ratings and Research Limited.

Likely market impact

Shareholders can be reassured that warrant proceeds were used as stated with no diversion. The absence of warrant conversions means no immediate share dilution occurred in Q4, though the pending conversion remains a future dilution risk.