New Delhi [India], March 19: Apollo Micro Systems Limited has announced that it has received trading approval from both National Stock Exchange of India and BSE Limited for 11,696 equity shares issued on a preferential basis to non-promoters. The shares have been successfully listed and admitted to trading on both exchanges with effect from March 19, 2026.
The newly listed equity shares, with a face value of Re. 1 each, have been issued pursuant to the conversion of warrants at a price of ₹114 per share, including a premium of ₹113. These shares carry the ISIN INE713T01028 and rank pari-passu with the company's existing equity shares, thereby granting equal rights and entitlements to all shareholders. The development reflects the company's continued efforts to strengthen its capital base and support future growth initiatives.
As per regulatory requirements, the allotted shares, bearing distinctive numbers from 357280745 to 357292440, will remain under a lock-in period until September 19, 2026. The company confirmed that all necessary approvals and compliances under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 have been duly met.
This milestone underscores Apollo Micro Systems' commitment to maintaining transparency and adhering to robust corporate governance standards. The listing of these shares is expected to enhance liquidity and broaden investor participation, further reinforcing the company's position in the defense and aerospace electronics sector.
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