Clarification on proposed preferential issue of shares and warrants

Fund Raising View source PDF Explain this filing

APOLLO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹408.35

prior close

₹410.00

announcement price

After-mkt

timing

Nifty Microcap 250market+1.3%-2.5% vs market

Aerospace & Defense peers, median of 25sector-0.3%-0.9% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 0.9 pts less than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-0.1

15m

-0.7

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2+1.3-2.5-0.3-0.9

Next day

-2.5-0.2-2.3-1.3-1.3

-2.9+0.1-3.0-1.4-1.5

+1.5-1.5+3.0-2.4+3.8

-1.7-0.5-1.2-2.0+0.4

-1.2-0.8-0.4-0.7-0.5

-1.5-2.0+0.6-1.8+0.4

15d

+2.0-3.4+5.4+0.6+1.4

-7.9-9.9+2.0-10.5+2.5

—————

UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Apollo Micro Systems clarified NSE observations on its proposed preferential issue of 2,28,30,902 equity shares and 5,69,15,380 warrants to 113 allottees. The company incorporated clarifications in the EGM notice and shared pre and post shareholding pattern. Allottees include Tata Business Cycle Fund and promoter group members Chanakya and Kanishka Reddy Baddam, each allotted 1.30 crore warrants.

Likely market impact

Procedural update clarifying the proposed preferential issue structure. No immediate price impact; watch the EGM outcome for final approvals.