
Multibagger defence stock Apollo Micro Systems share price gained around 2% after the company issued 65,69,000 new equity shares by converting warrants. This move is part of the company’s ongoing plan to raise fresh capital and has been positively received by investors.
The Board approved the share allotment on 19 November 2025, after receiving ₹56.16 crore as the warrant exercise amount from 3 investors:
Each warrant converts into one share of face value Re 1.
With this step, the company’s paid-up share capital has increased to ₹34.22 crore, strengthening its financial base for future expansion.
This conversion belongs to a larger issue of 3.80 crore warrants allotted earlier. So far, 87,11,282 warrants have been converted.
The Board has also extended the deadline to convert the remaining 2.93 crore warrants from 1 December 2025 to 30 June 2026, after shareholder approval. If the remaining warrants are not exercised by then, they will lapse and the amount already paid will be forfeited.
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Apollo Micro Systems touched a day’s high of ₹285.65, rising 2.2% in today’s trade. Even after the recent uptick, the stock is still about 19% below its 52-week high of ₹354.65, which it hit in September 2025.
However, the long-term performance remains strong. The stock has surged 216% from its 52-week low of ₹90.40 recorded in November 2024. Over the past year, it has delivered a solid 200% return. In the last six months, the stock has gained 109%, and in the past three months, it has risen 39%, reflecting consistent investor confidence and strong momentum.
The fresh conversion of warrants and the extension of the remaining conversion deadline have strengthened Apollo Micro Systems’ capital structure. Investors see this as a positive step that supports the company’s future growth plans and long-term performance, which is reflected in its strong stock price rally over the past year.
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Published on: Nov 20, 2025, 12:59 PM IST

Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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