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APOLLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Two members of the promoter group — Mr. Baddam Kanishka Reddy and Mr. Baddam Chanakya Reddy — acquired equity shares of Apollo Micro Systems through a preferential allotment on 26 November 2025. Kanishka Reddy received 22,85,600 shares (0.64%), raising his holding from 1.72% to 2.37% of the company's equity capital. Chanakya Reddy received 84,00,600 shares (2.37%), moving his holding from nil to 2.37%. The company's total equity share capital increased from 34.22 crore shares to 35.44 crore shares following this allotment. The disclosures were filed under SEBI's Takeover Regulations, confirming the acquisitions were by promoter group entities.
Promoter group is increasing its stake in the company via preferential allotment, which generally signals promoter confidence in the business. This is typically viewed positively by retail investors as it aligns promoter interests with shareholders.