Apollo Micro Systems Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Awaiting price reaction for this filing.
Apollo Micro Systems has submitted a routine SEBI compliance filing for FY25 from two members of the promoter group. Promoter and Managing Director Karunakar Reddy Baddam, who holds 16,89,22,900 equity shares (55.12%) as on March 31, 2025, declared that he has not created any new encumbrance (pledge or similar) on his shares during the year. Srilakshmi Reddy Vangeti from the promoter group, holding 100 shares, filed a similar declaration. Both confirmed that any existing encumbrances were already disclosed earlier.
This is a routine annual compliance disclosure with no change in promoter shareholding or new encumbrances. It is neutral for shareholders and unlikely to move the stock price, as it simply confirms promoters have not pledged or otherwise encumbered additional shares during FY25.