{"id":31736,"date":"2026-09-23T13:51:12","date_gmt":"2026-09-23T08:21:12","guid":{"rendered":"https:\/\/wowentrepreneurs.in\/index.php\/2026\/09\/23\/apollo-micro-systems-updates-disclosure-on-proposed-preferential-issue\/"},"modified":"2026-09-23T13:51:12","modified_gmt":"2026-09-23T08:21:12","slug":"apollo-micro-systems-updates-disclosure-on-proposed-preferential-issue","status":"publish","type":"post","link":"https:\/\/wowentrepreneurs.in\/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","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&hellip;<\/p>\n","protected":false},"author":1,"featured_media":31737,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[13],"class_list":["post-31736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/31736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/comments?post=31736"}],"version-history":[{"count":0,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/31736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media\/31737"}],"wp:attachment":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media?parent=31736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/categories?post=31736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/tags?post=31736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}