Apollo Micro Systems Limited has informed the Exchange about General Updates
APOLLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Apollo Micro Systems has allotted 13,000 equity shares of Re. 1 each to Ms. Lata Dhiraj Shah upon conversion of warrants at Rs. 114 per warrant. The warrant exercise price of Rs. 85.50 (75% of issue price) was received, totaling Rs. 11.11 lakh. This is a partial conversion from her holding of 2,50,000 warrants, with 27,000 warrants still remaining. The company's paid-up capital increased from Rs. 35.73 crore to Rs. 35.73 crore (marginal increase). Out of the total 3.81 crore warrants allotted in June 2025, about 2.38 crore have been converted so far. Warrants not exercised within 13 months will lapse with forfeiture.
Minor equity dilution as 13,000 new shares were issued. The warrant conversion at Rs. 114 is above face value, indicating the stock was likely trading above par when warrants were issued. Unconverted warrants remaining could lead to further dilution if exercised before the 13-month deadline.