Trading Approval of 2,70,42,894 Equity shares of Rs.1/- each of the Company issued on preferential basis
APOLLO · price
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Apollo Micro Systems has received trading approval from NSE and BSE for 2,70,42,894 equity shares of Re. 1 each, allotted to non-promoters on a preferential basis. These shares will be listed and available for trading on the exchanges from August 11, 2025, under the existing APOLLO symbol (BSE: 540879). The newly issued shares carry distinctive numbers from 306489561 to 333532454 and are subject to a lock-in period until February 28, 2026.
This represents a significant equity dilution as the preferential shares add to the existing share base, which could put short-term pressure on the stock price. However, the lock-in until February 2026 means the new shareholders cannot sell immediately, which may limit immediate selling pressure.