Rs 1,432 Crore Order Book: Multibagger Defence Stock to Consider Preferential Issue on July 6; Shares Jump 2%

On Friday, Indian benchmark indices traded higher, with the Nifty 50 index gaining 0.39 per cent to 24,270.85. Amid the broader market strength, Apollo Micro Systems share price traded at Rs 450.05, up 2.39 per cent, after the company announced a Board meeting to consider a preferential issue.

Apollo Micro Systems to Consider Preferential Issue

Apollo Micro Systems informed the stock exchanges that its Board of Directors will meet on July 6, 2026, at the company's registered office in Hyderabad to consider raising funds through the issue of equity shares and/or convertible securities, including warrants, on a preferential basis.

The proposal will be considered in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, including the determination of the issue price and other terms and conditions, subject to the necessary statutory, regulatory and shareholder approvals.

Trading Window Closure

The company also informed that, in accordance with its Code of Conduct for Prevention of Insider Trading, the trading window has been closed from July 1, 2026, and will remain closed until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. The restriction also applies to the proposed preferential issue.

Apollo Micro Systems Shareholding Pattern

According to the latest June 2026 shareholding pattern, promoter holding stood at 50.27 per cent, while Foreign Institutional Investors (FIIs) increased their stake to 6.21 per cent from 3.63 per cent in the March 2026 quarter. Domestic Institutional Investors (DIIs) held 1.76 per cent of the company.
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About Apollo Micro Systems

Apollo Micro Systems Limited is a Defence and Aerospace company engaged in the design, development and manufacturing of electronic systems, subsystems and mission-critical solutions for defence, space and homeland security applications. Its product portfolio includes avionics, weapon systems, surveillance solutions, electronic warfare systems and communication equipment.

The company supplies advanced technology solutions to organisations such as the Ministry of Defence, DRDO, ISRO, Bharat Electronics Limited (BEL), Hindustan Aeronautics Limited (HAL) and other defence public sector undertakings. It continues to expand its capabilities through indigenous product development and strategic partnerships.

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Disclaimer: The article is for informational purposes only and not investment advice.