Defence stock in focus as company secures trading approval for new equity shares, check details

Shares of Apollo Micro Systems, which offers technology-based solutions in sectors such as infrastructure, transportation, aerospace, and defence, will be in focus during today's trading session, as the company has informed exchanges of two major developments regarding its equity share capital. According to the information shared, the company has received formal trading approvals from both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) for 13,000 equity shares of face value Re 1 each. These shares were previously issued and allotted on a preferential basis to non-promoter investors pursuant to the conversion of warrants.