The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Baddam Kanishka Reddy
APOLLO · price
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On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250 and 1.9 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mr. Baddam Kanishka Reddy, a member of the Promoter Group of Apollo Micro Systems Limited, acquired 22,85,600 equity shares on 26 November 2025 through a preferential allotment. This increased his holding in the company from 1.72% (61,15,000 shares) to 2.37% (84,00,600 shares), a rise of 0.64 percentage points. The total equity share capital of the company expanded from 34.22 crore shares to 35.44 crore shares following the allotment. The disclosure has been filed under Regulation 29(1) of SEBI's Takeover Regulations, 2011.
This is a positive signal indicating insider confidence, as a promoter group member is increasing his stake in the company. The preferential allotment route also means fresh capital is being infused into the company, which is generally supportive of the stock.