Apollo Micro Systems has informed that upon receipt of an amount aggregating to Rs 46,50,000 (Rupees Forty Six Lakhs Fifty Thousand Only) [an excess amount of Rs 46.50 has been received] as ‘Warrant Exercise Price’ and duly signed application form from the warrant holder, as per the terms of issue of Warrants, the Securities Allotment Committee of the Board of Directors of the Company, has on 12th September, 2023, considered and approved the allotment of 3,33,330 (Three Lakhs Thirty Three Thousand Three Hundred and Thirty Only) Equity Shares of Re 1 each, upon conversion/ exchange of/for such number of Warrants, as per the details given in Annexure-1 Consequently, the issued and paid up capital of the Company stands increased to Rs 23,29,72,190 consisting of 23,29,72,190 equity shares of Re. 1 each.
The above information is a part of company’s filings submitted to BSE.
