20 Nov 2025 | 5 Mins Read
Apollo Micro Systems surges following recent developments
Flipitmoney
Apollo Micro Systems allotted 65,69,000 equity shares after warrant conversion, as per a preferential basis allotment. Share price rose 2% on November 20. Warrant holders Baddam Kanishka Reddy, Superstar Investments, and Srinivas Reddy Gangula received shares valued at ₹56.16 crore at ₹114 per warrant, with paid-up share capital increasing to ₹34.22 crore.