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 a filing dated September 22, 2026 , the company said the clarifications were made in response to observations received from the National Stock Exchange of India (NSE) concerning the notice and explanatory statement for its proposed Extra-Ordinary General Meeting (EGM) .
According to the filing, Apollo Micro Systems has incorporated the required clarifications and corrections in the relevant disclosures. The company has also submitted an updated table detailing the pre- and post-issue shareholding of the proposed allottees .
The proposed allotment includes both non-promoter and promoter-group participants . Among the listed proposed allottees are Nautilus Private Capital Ltd, Maestro Emerging Fund PCC, Robust Knights Fund PCC, M7 Global Fund PCC and Tata Business Cycle Fund .
The disclosure also lists promoter-group entities Chanakya Reddy Baddam and Kanishka Reddy Baddam , each proposed to hold 2,14,50,600 shares after the proposed allotment, representing 4.809% each of the post-issue shareholding .
The filing was made under Regulation 30 of the SEBI Listing Regulations .
Published by HT Digital Content Services with permission from PNN.