New Delhi, July 12 -- Multibagger defence stock Apollo Micro Systems will remain in focus in Monday's trading session after the company announced that it will raising Rs.3,322 crore through fresh equity issuance.

The multibagger defence stock closed 2.65% higher at Rs.418.20 apiece on Friday.

In an exchange filing dated 11 July, Apollo Micro Systems that the company would be raising a total of Rs.3,322 crore via preferential issue.

The preferential issue will comprise 2,28,30,902 equity shares worth a total of Rs.951.13 crore and 5,69,15,380 convertible equity warrants aggregating Rs.2,371.09 crore.

According to the filing, the equity shares are proposed to be allotted at an issue price of Rs.416.60 per share to 55 investors.

Meanwhi...