Date: 09 t h January, 2025

National Stock Exchange of India Ltd.,

Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai – 400 001
Bandra (E), Mumbai – 400 051

Scrip Code: 540879 Symbol: APOLLO ISIN: INE713T01028

Dear Sir(s),

Sub: Outcome of Meeting of Board of Directors of Apollo Micro Systems Limited held on 09th January,
2025 pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)

In furtherance of the intimation dated January 04, 2025, and pursuant to Regulation 30 of the SEBI
Listing Regulations, we wish to inform you that the Board of Directors of the company, at its meeting
held today i.e., Thursday, 09th January, 2025 at the registered office of the Company have, inter alia
considered and approved, the following items together with other agenda items:

1. To consider and approve the increase of Authorized capital from the existing ₹ 36,00,00,000/-
(Rupees Thirty Six Crores Only) divided into 36,00,00,000 (Thirty Six Crores Only) Equity Shares of
₹1 /- (Rupees One Only) each to ₹ 45,00,00,000/- (Rupees Forty Five Crores Only) divided into
45,00,00,000 (Forty Five Crores Only) Equity Shares of ₹ 1/- (Rupee One Only) each by the addition
there to a sum of ₹ 9,00,00,000/- (Rupees Nine Crores Only) divided into 9,00,00,000 (Nine Crores)
Equity Shares of ₹ 1/- (Rupee One Only) each ranking pari-passu in all respects with the existing
shares of the Company.

Consequent to the aforesaid increase in Authorised Share Capital, Clause V of Memorandum of

Association of the Company shall be altered as under:

“V. The Authorized Shares Capital of the Company is ₹ 45,00,00,000/- (Rupees Forty Five Crores Only)
divided into 45,00,00,000/- (Rupees Forty Five Crores Only) Equity Shares of ₹ 1/- (Rupee One only)
each with a right to issue shares for consideration other than cash and to increase and reduce the
capital and to divide or consolidate or cancel the shares in the capital for the time being into several
classes and attach thereto respectively such rights and conditions in any manner the Board of Directors
may deem fit from time to time”

2. To issue upto 3,34,18,806 (Three Crores Thirty Four Lakhs Eighteen Thousand Eight Hundred and
Six only) Equity shares of Face Value ₹ 1/- (Rupee One only) each at a price of ₹ 114/- (Rupees One
Hundred and Fourteen Only) (“Preferential Allotment Price”) each including premium of ₹ 113/-
(Rupees One Hundred and Thirteen only) per share aggregating to ₹ 3,80,97,43,884 (Rupees Three
Hundred Eighty Crores Ninety Seven Lakhs Forty Three Thousand Eight Hundred and Eighty Four
only) on a preferential basis (“Preferential Allotment”) for cash consideration to the select group of
persons (the “Investors”) who do not belong to Promoter & Promoter Group of the Company (“the
Proposed Allottees”) , enclosed as Annexure I herein by way of preferential issue on a private
placement basis, in accordance with the provisions of Section 42 and Section 62(1)(c) of the
 Companies Act, 2013, as amended (“Act”) read with Companies (Prospectus and Allotment of
Securities) Rules, 2014, as amended (“Rules”), Chapter V of Securities and Exchange Board of India
(Issue of Capital and Disclosure Requirements) Regulations, 2018, Listing Regulations and such
other acts / rules / regulations as maybe applicable and subject to the approval of the regulatory/
Statutory Authorities and the members of the Company. Upon issue of Equity Shares in
accordance herewith, 100% of the Preferential Allotment Price shall be payable at the time of
application to the Equity Shares.

3. To issue upto 3,81,67,059 (Three Crores Eighty One Lakhs Sixty Seven Thousand and Fifty Nine
Only) convertible equity warrants of the Company each convertible into, or exchangeable for, one
Equity Share of Face Value ₹ 1/- (Rupee One only) each within the period of 6 (Six Months) in
accordance with the applicable law (“Warrants”) at a price of ₹ 114/- (Rupees One Hundred and
Fourteen Only) each (including the warrant subscription price and the warrant exercise price)
aggregating upto ₹ 4,35,10,44,726/- (Indian Rupees Four Hundred Thirty Five Crores Ten Lakhs
Forty Four Thousand Seven Hundred and Twenty Six only) to Promoter Group and to certain
identified Non- Promoter Persons or Entities (“the Proposed Allottees”), enclosed as Annexure II
herein by way of preferential issue on a private placement basis, in accordance with the
provisions of Section 42 and Section 62(1)(c) of the Companies Act, 2013, as amended (“Act”)
read with Companies (Prospectus and Allotment of Securities) Rules, 2014, as amended (“Rules”),
Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements)
Regulations, 2018, Listing Regulations and such other acts / rules / regulations as maybe
applicable and subject to the approval of the regulatory/ Statutory Authorities and the members
of the Company (“Warrants Issue”). Upon issue of Warrants in accordance herewith, an amount
equivalent to 25% (Twenty-Five per cent) of the total issue size shall be called upfront from the
proposed allottees;

4. Appointment of Acuité Ratings & Research Limited a SEBI registered Credit Rating Agency as
the monitoring agency to monitor the use of the proceeds of the Preferential Issue (“Monitoring
Agency”);

5. To hold the Extra-Ordinary General Meeting of the Members of the Company on Tuesday, 04th
February, 2025 through video conferencing and / or other audio-visual means;

6. To fix Tuesday, 28th January, 2025 as the cut-off date for determining the eligibility of the
Members entitled to vote at the ensuing Extraordinary General Meeting of the Company by
electronic means or in the general meeting scheduled to be held on Tuesday, 04th January, 2025
through video conferencing and / or other audio-visual means;

7. Appointment of Ms. Sridevi Madati (M No: F6476) (CP No: 11694), M/s. MNM & Associates,
Practicing Company Secretaries, Hyderabad as the Scrutinizer for scrutinizing the E- voting
process in accordance with the provisions of the Companies Act 2013 & rules made there under
and provide the consolidated report on the votes cast during the EGM and through remote e-
voting "in favor" or "against" the resolutions stated in the notice sent to the members for the
Extraordinary General Meeting.
The Board Meeting Commenced at 04:30 P.M. (IST) on 09th January, 2025 and concluded at

12: 15 A.M (IST) on 10th January, 2025

We request you to kindly take on record the information and disseminate the same.

Thanking You,
Yours truly
For Apollo Micro Systems Limited
BADDAM Digitally signed by
BADDAM KARUNAKAR
KARUNAKAR REDDY
Date: 2025.01.10 00:32:10
REDDY +05'30'

Karunakar Reddy Baddam Managing

Director (DIN: 00790139)

Encl: As mentioned above

 ANNEXURE-I

The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI Circular dated
September 9, 2015 and amended circulars thereon are as under:

Sr. No. Particulars Description

1. Type of securities proposed to Equity Shares
be issued (viz. equity shares,
convertibles, etc.
2. Type of issuance (further public Preferential allotment, on a private placement basis
offering, rights issue, depository
receipts ADR /GDR), qualified
institutions placement,
preferential allotment etc.)
3. Total number of securities Up to 3,34,18,806 (Three Crores Thirty Four Lakhs
proposed to be issued or the total Eighteen Thousand Eight Hundred and Six only) Equity
amount for which the securities Shares for an aggregate amount of ₹ 3,80,97,43,884 (Rupees
will be issued Three Hundred Eighty Crores Ninety Seven Lakhs Forty
(approximately) Three Thousand Eight Hundred and Eighty Four only)
4. Additional information in case of preferential issue:
a) Name of the Investors As per Annexure III
b) post allotment of securities - The List of allottees to whom Equity Shares are
outcome of the subscription, issue proposed to be allotted and the details of the
price / allotted price (in case of shareholding of the Proposed Allottees in the
convertibles), number of investors; Company, prior to and after the Preferential Issue, are
given under Annexure III;

Issue price / allotted price (in Issue Price – Rs. 114/- (Rupees One Hundred and
case of convertibles); Fourteen Only) per equity shares;

Number of investors; 77
*This includes 4 Allottees to whom both Equity Shares and
Convertible Warrants are proposed to be allotted.
5. any cancellation or termination of Not Applicable
proposal for issuance of securities
including reasons
thereof
 ANNEXURE-II

The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI Circular dated
September 9, 2015 and amended circulars thereon are as under:

Sr. No. Particulars Description

1. Type of securities proposed to Convertible warrants of the Company (“Warrants”).
be issued (viz. equity shares,
convertibles, etc.
2. Type of issuance (further public Preferential allotment, on a private placement basis
offering, rights issue, depository
receipts ADR /GDR), qualified
institutions placement,
preferential allotment etc.)
3. Total number of securities Up to 3,81,67,059 (Three Crores Eighty One Lakhs Sixty
proposed to be issued or the total Seven Thousand and Fifty Nine Only) convertible equity
amount for which the securities warrants for an aggregate amount of
will be issued ₹ 4,35,10,44,726/- (Indian Rupees Four Hundred Thirty
(approximately) Five Crores Ten Lakhs Forty Four Thousand Seven
Hundred and Twenty Six only)
4. Additional information in case of preferential issue:
a) Name of the Investors As per Annexure III
b) post allotment of securities - The List of allottees to whom Warrants are proposed to
outcome of the subscription, issue be allotted and the details of the shareholding of the
price / allotted price (in case of Proposed Allottees in the Company, prior to and after
convertibles), number of investors; the Preferential Issue, are given under Annexure III;

Issue price / allotted price (in Issue Price – Rs. 114/- (Rupees One Hundred and
case of convertibles); Fourteen Only) per warrant;

Number of investors; 30
*This includes 4 Allottees to whom both Equity Shares and
Convertible Warrants are proposed to be allotted.
c) In case of convertibles - intimation Each convertible equity warrant will be convertible
on conversion of securities or on into, or exchangeable for, 1 (one) fully paid-up equity
lapse of the tenure of the share of the Company of face value of INR 1 (Indian
instrument Rupee One), which may be exercised in one or more
tranches during a period of 6 (Six) months
commencing from the date of allotment of convertible
equity warrants.
5. any cancellation or termination of Not Applicable
proposal for issuance of securities
including reasons
thereof
 ANNEXURE III

LIST OF PROPOSED ALLOTTEES

No. of Post-
Pre-Preferential Equity No. of
Equity Preferential
Holding Equity
Category of the Shares Holding
Warrants
Sr. allottee as per proposed
proposed to
N Name of the Allottee Regulation 31 (1) of to be
be allottedin % of
o. the SEBI (LODR) % of alloted in No. of
No. of Shares this Holdi
Regulations, 2015 Holding this Shares
preferential ng
preferenti
offer
al offer

1 Anudeep Adiraju Public 750,000 750,000 0.198

Baddam Kanishka 8,400,60

2 Promoter Group 8,400,600 2.222
Reddy 0
Baddam Chanakya 8,400,60
3 Promoter Group 8,400,600 2.222
Reddy 0
Bhagyalaxmi
4 Public 400,000 400,000 0.106
Chiluveru
5 Sudarshan Chiluveru Public 500 0.000 400,000 400,500 0.106
1,000,00
6 Rajshri Karwa Public 1,000,000 0.264
0
1,500,00
7 Reena Karwa Public 1,500,000 0.397
0
 Varada Madhusudhan
8 Public 10,000 10,000 0.003
Rao

9 Enugu Ramya Public 5,000 5,000 0.001

10 Anshu Bhargava Public 60000 0.0195 585,000 0.155

525000

11 Wealth Bridge Public 350,000 0.093

350000
12 Karthik Sunder Public 438596 438,596 0.116
13 Karthik Sunder Public 877,193 877,193 0.232
1,350,00
14 Poonam Tapadia Public 750000 0.244 600,000 0.357
0
1,500,00
15 Aditya Halwasiya Public 0.397
1500000 0
1,500,00
16 Aditya Halwasiya Public 1,500,000 0.397
0
17 Srinivas Reddy Akuri Public 500,000 500,000 0.132
18 Manish Kumar Jain Public 175000 175,000 0.046
19 O Subarami Reddy Public 100,000 100,000 0.026
Srinivas Reddy
20 Public 45000 0.0146 100,000 145,000 0.038
Gangula
Ebisu Global 10,000,0
21 Public 10,000,000 2.645
Opportunities Fund 00
 Almaha Investment 2,500,00
22 Public 0.661
fund PCC 2500000 0
Minerva Ventures 2,500,00
23 Public 0.661
Fund 2500000 0
2,631,57
24 LIC Mutual Fund Public 0.696
2631578 8
PGIM India Equity
25 Growth Opportunities Public 877,192 0.232
Fund Series II 877192
Raghav Investment
26 Public 500,000 0.132
Private Limited 500000
27 Aerpula Srisailam Public 5800 0.0018 5,000 10,800 0.003
28 Kushi Ram Yadav Public 5,000 5,000 0.001
Addepalli Krishna Sai 2,670,27
29 Public 2170210 0.708 500,069 0.706
Kumar 9
Trikaya Wealth
30 Public 540,000 540,000 0.143
Advisors Pvt Ltd
SB Opportunities
31 Public 630,000 630,000 0.167
Fund 1 AIF
32 Sanjay Raheja Public 252000 252,000 0.067
33 Harish Raheja Public 252000 252,000 0.067
34 Aarson Investments Public 300000 300,000 0.079
Mangalam Automotive
35 Public 200,000 0.053
Pvt Ltd 200000
Sunil Investinfra Pvt
36 Public 200,000 0.053
Ltd 200000
37 Anjali Agarwal Public 440000 440,000 0.116
38 Shubham Capital Public 450000 450,000 0.119
39 Amit Agarwal Public 270000 270,000 0.071
40 Sandeep Singh Public 100000 100,000 0.026
 Smart Horizon
41 Public 100,000 0.026
Opportunity fund 100000
42 Rajesh Kumar Singla Public 100000 100,000 0.026
Pankaj Vasudeo
43 Public 100,000 0.026
Chhaparwal 100000
44 Vijaya Sharma Public 100000 100,000 0.026
Grobiz SME
45 Public 100,000 0.026
Opportunity Fund 100000
46 Devanshi Mihir Shah Public 100000 100,000 0.026
47 Kovil Minda Public 105000 105,000 0.028
Akilandeswari S
48 Public 105,000 0.028
Selvamurthy 105000
Shreestockvision
49 Public 440,000 0.116
securities Ltd 440000
Hemant Hansraj
50 Public 100,000 0.026
Kenia 100000
Zeta Global Funds
(OEIC) PCC Limited -
51 Public 180,000 0.048
Zeta Series B Fund
PC 180000
52 Saurabh Garg Public 100000 100,000 0.026
NVS Corporate
53 Consultancy Services Public 200,000 0.053
Private Limited 200000
54 A V Krishnan Public 100000 100,000 0.026
Navin Mahavirprasad
55 Public 100,000 0.026
Dalmia 100000
56 Kriti Bhatia Public 100000 100,000 0.026
Ebullient Securities
57 Public 100,000 0.026
Private Limited 100000
58 Saurav Raidhani Public 100000 100,000 0.026
59 Dugar Chainroop Public 100000 100,000 0.026
60 Vikash Gupta Public 100000 100,000 0.026
61 Vikram Narang Public 100000 100,000 0.026
62 Ripunjay Aggarwal Public 100000 100,000 0.026
Zeal global 3,016,00
63 Public 0.798
opportunities fund 3016000 0
Nova global
opportunities fund 2,600,00
64 Public 0.688
PCC - Cell 0
Touchstone 2600000
MGO High Conviction 3,070,00
65 Fund incorporated Public 0.812
3070000 0
VCC Sub Fund
66 Haria Enterprise Public 100000 100,000 0.026
67 Hemant Hansraj Maru Public 100000 100,000 0.026
68 S R Investment Public 200000 200,000 0.053
69 Kred Hospitality Public 100000 100,000 0.026
70 Ashok Agrawal Public 100000 100,000 0.026
Devansh Trade Mart 1,750,00
71 Public 0.463
LLP 1750000 0
72 Sandeep Kapadia Public 700000 700,000 0.185
73 Sandeep Kapadia Public 200,000 200,000 0.053
74 Amit Chordia Public 430000 430,000 0.114
75 Kawal Jeet Kohli Public 200000 200,000 0.053
76 Surjeet Kaur Public 200000 200,000 0.053
77 Ketan Thakkar Public 200000 200,000 0.053
78 Ketan Thakkar Public 200,000 200,000 0.053
 Vasudeva Rao
79 Public 100,000 0.026
Dhanekula 100000
Maddala Sreenivasa
80 Public 5000 0.0016 105,000 0.028
Reddy 100000
81 Bishan Marketing and Public 100,000 0.026
Consultancy LLP 100000
82 Kikki Devi Public 86000 86,000 0.023
83 Nitin Shantilal Gada Public 100000 100,000 0.026
84 Vijay Pahwa Public 250000 250,000 0.066
85 Mohit Kumar Mathur Public 250000 250,000 0.066
86 Priti Kothari Public 150000 150,000 0.040
87 Chetan Patel Public 100000 100,000 0.026
88 Yash Vora Public 125000 125,000 0.033
89 Vipul Shah Public 125000 125,000 0.033
90 Kokil Gupta Public 200000 200,000 0.053
91 Lata Dhiraj Shah Public 250,000 250,000 0.066
92 Piyush Gala Public 100,000 100,000 0.026
93 Rajesh Vanigota Public 100,000 100,000 0.026
94 Jayantilal Gada HUF Public 100,000 100,000 0.026
Hathor Corporate
95 Public 100,000 0.026
Advisors 100000
96 Shantanu Chaturvedi Public 200000 200,000 0.053
97 Apoorva Jain Public 87720 87,720 0.023
Kabel Builcon Realty
98 Public 200,000 0.053
LLP 200000
99 AIC Securities Pvt.Ltd Public 100000 100,000 0.026
10
Aashish Solanki HUF Public 87,720 0.023
0 87720
10 Sharmila Gaurnag
Public 100,000 0.026
1 Vasani 100000
10 Esses Family Private Public 200,000 0.053
2 Trust 200000
10 Priyanka Kabra Public 200,000 0.053
3 Family Private Trust 200000
10
Public 500,000 0.132
4 Aryaman Taparia 500000
10
Public 5,001 5,001 0.001
5 V Swarna latha
10
Public 500,001 500,001 0.132
6 Bhoovan Singh
10 Superstar
Investments Private Public 488,595 488,595 0.129
7
Limited
7462237
3036510 33418806 38167059
TOTAL 5