Author : Aashiya Jain | EQmint 

Apollo Micro Systems Limited marked a significant regulatory milestone in early January 2026 with the successful listing and trading approval of equity shares issued on a preferential basis. Through a series of official communications dated January 8, 2026, both the National Stock Exchange of India (NSE) and BSE Limited confirmed that the company’s additional equity shares have been admitted for trading, following their allotment pursuant to the conversion of warrants.

Shares disclosed

According to disclosures submitted by the company, a total of 1,21,47,964 equity shares of Re. 1 each were issued and allotted on a preferential basis to promoters and non-promoters. These shares were issued at a premium of Rs. 113 per share, strictly in line with regulatory approvals. Trading approval for this entire tranche was granted by both NSE and BSE on January 8, 2026, with the shares becoming eligible for trading from January 9, 2026.

The exchanges confirmed that the newly listed equity shares fall under the EQ series, carrying the symbol “APOLLO” on NSE and the BSE scrip code 540879. The company’s ISIN for the equity shares remains INE713T01028, ensuring continuity and clarity for market participants.

A closer look at the breakdown of the preferential allotment reveals structured lock-in arrangements, as required under applicable regulations. Out of the total 1,21,47,964 shares, 1,06,86,200 equity shares carry a lock-in period valid up to July 9, 2027, while the remaining 14,61,764 shares are locked in until July 9, 2026. The distinctive number ranges for these shares have been clearly specified in the annexures issued by the exchanges, offering transparency and traceability to investors and regulators alike.

Shares allotment

In addition to this larger allotment, Apollo Micro Systems also received approval for another preferential issue involving 65,69,000 equity shares of Re. 1 each, also issued at a premium of Rs. 113 per share. This tranche, too, was issued pursuant to the conversion of warrants and allotted to promoters and non-promoters. Trading approval for these shares was granted simultaneously by NSE and BSE, with trading commencing from January 9, 2026.

For this second allotment, 61,15,000 shares are locked in until July 9, 2027, while 4,54,000 shares remain under lock-in until July 9, 2026. The exchanges have documented the corresponding distinctive number ranges in Annexure I, forming part of the official listing approvals.

Both NSE and BSE acknowledged the receipt of Apollo Micro Systems’ applications and confirmed that all procedural requirements had been met. The exchanges also reiterated that critical and price-sensitive information, as mandated under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, must continue to be filed through the NSE’s Electronic Application Processing System (NEAPS), ensuring timely and efficient compliance.

From a corporate governance standpoint, these approvals reflect the completion of a carefully regulated capital-raising process. Preferential allotments, especially those arising from warrant conversions, involve multiple layers of scrutiny from pricing norms to lock-in conditions and the exchange letters confirm that Apollo Micro Systems has adhered to these frameworks.

The company formally communicated these developments to the exchanges through letters dated January 8, 2026, signed digitally by Karunakar Reddy Baddam, Managing Director, bearing DIN: 00790139. The registered office of Apollo Micro Systems Limited is located at Plot No. 128/A, Road No. 12, IDA Mallapur, Uppal Mandal, Ranga Reddy District, Telangana 500076.

For investors and market watchers, the admission of these shares to trading does not merely signify an increase in listed equity. It represents the culmination of a conversion process that was already disclosed and approved earlier, now formally reflected in the company’s tradable capital on both major Indian exchanges.

By placing all relevant details share counts, lock-in periods, distinctive numbers, dates, and pricing on record, the exchanges have ensured a high level of disclosure. This transparency allows stakeholders to track changes in the company’s equity structure with clarity and confidence.

As of January 9, 2026, both tranches of preferential equity shares issued by Apollo Micro Systems are officially part of the market, marking another compliant step in the company’s capital and listing journey, firmly grounded in regulatory approvals and documented disclosures.