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Apollo Micro Systems Ltd. ( (IN:APOLLO) ) just unveiled an announcement.
Apollo Micro Systems Ltd. announced the allotment of 65,69,000 equity shares following the conversion of warrants, increasing its paid-up capital to Rs 34,22,43,736. This move, involving significant stakeholders like the promoter group and Superstar Investments, reflects strategic financial maneuvers to bolster the company’s capital structure. Additionally, the company has extended the conversion deadline for remaining warrants to June 30, 2026, showcasing flexibility in its financial strategy to accommodate market conditions and shareholder interests.
More about Apollo Micro Systems Ltd.
Apollo Micro Systems Ltd. operates in the technology sector, focusing on designing, developing, and manufacturing electronic and electro-mechanical systems. The company primarily serves the aerospace, defense, and space industries, providing advanced technological solutions and products.
Average Trading Volume: 1,504,556
Technical Sentiment Signal: Buy
Current Market Cap: 93.01B INR
See more data about APOLLO stock on TipRanks’ Stock Analysis page.