Apollo Micro Systems Limited — QIP/Rights/Pref., 10-01-2025: Preferential issue

Apollo Micro Systems Limited's Board of Directors has approved several significant corporate actions. They plan to increase the authorized share capital from ₹ 36 cr to ₹ 45 cr and issue up to 3,34,18,806 equity shares at ₹ 114 per share, raising approximately ₹ 380.97 cr. Additionally, the company intends to issue up to 3,81,67,059 convertible equity warrants at the same price, potentially aggregating ₹ 435.10 cr. Both issuances are intended for a select group of investors excluding promoters, subject to regulatory approvals. An Extraordinary General Meeting will be held on February 4, 2025, to gather shareholder votes on these matters.