Apollo Micro Systems Limited has secured trading approval for its preferential share issue worth ₹1,386.88 crores, marking a significant capital raising milestone for the defense technology company. The National Stock Exchange of India Limited (NSE) and BSE Limited granted trading approval on January 8, 2026, for 1,21,47,964 equity shares of ₹1 each issued at a premium of ₹113 per share.

Share Issue Details

The preferential issue comprises equity shares allotted to both promoters and non-promoters pursuant to conversion of warrants. Trading for these shares commenced on January 9, 2026, under the symbol APOLLO on NSE and scrip code 540879 on BSE.

Lock-in Period Structure

The issued shares are subject to different lock-in periods based on regulatory requirements. The majority of shares carry a longer lock-in period, reflecting the strategic nature of the preferential allotment.

Regulatory Approvals and Documentation

Both NSE and BSE have issued formal approvals for the listing and trading of these preferential shares. The exchanges confirmed that all regulatory requirements have been met for the conversion of warrants into equity shares. The company has been advised to use the NSE Electronic Application Processing System (NEAPS) for all future critical and price-sensitive information submissions under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Market Impact

The preferential issue represents a substantial capital infusion for Apollo Micro Systems, with the funds expected to support the company's growth initiatives in the defense and aerospace sectors. The staggered lock-in periods ensure controlled release of shares into the market, with approximately 88.00% of the issued shares locked until July 2027 and the remaining 12.00% available for trading from July 2026.

The successful completion of this preferential issue demonstrates investor confidence in Apollo Micro Systems' business prospects and strengthens the company's financial position for future expansion plans.

Apollo Micro Systems Limited has successfully obtained trading approval for its preferential issue of equity shares from both major Indian stock exchanges. The company received approval from the National Stock Exchange of India Limited (NSE) and BSE Limited on January 8, 2026, for listing 65.69 lakh equity shares issued on a preferential basis.

Share Allotment Details

The preferential issue comprises equity shares of ₹1 each, issued at a premium of ₹113 per share. These shares were allotted pursuant to conversion of warrants to both promoters and non-promoters of the company.

Lock-in Period Structure

The allotted shares are subject to different lock-in periods based on the category of allottees:

The shares with distinctive numbers from 335674737 to 341789736 (61.15 lakh shares) carry a longer lock-in period until July 9, 2027, while shares numbered 341789737 to 342243736 (4.54 lakh shares) have a shorter lock-in period until July 9, 2026.

Exchange Approvals and Trading

Both NSE and BSE have granted formal approval for the listing of these preferential issue shares. The shares are listed under the symbol 'APOLLO' on NSE and scrip code 540879 on BSE, trading in the EQ series.

The company has been trading under ISIN INE713T01028, and these additional shares will be traded under the same identification. The exchanges have issued formal notices to their respective trading members regarding the commencement of trading for these newly listed shares.

Corporate Communication

The approval and listing process was completed with proper regulatory compliance, with the company's Managing Director Karunakar Reddy Baddam signing the necessary documentation. The company has informed both exchanges about the successful completion of the preferential issue process and requested them to bring this development to the notice of all concerned stakeholders.