Outcome of Board Meeting

Date: 6th July 2026 BSE Limited, National Stock Exchange of India Ltd., Department of Corporate Services Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai – 400 001 Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: 540879 Symbol: APOLLO ISIN: INE713T01028 Dear Sirs, Sub: Outcome of Meeting of Board of Directors of Apollo Micro Systems Limited (“Company”) held on 6th July, 2026 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 28th June, 2026, 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., Monday, 6th day of July, 2026 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 ₹ 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 to ₹ 63,00,00,000/- (Rupees Sixty Three Crores Only) divided into 63,00,00,000 (Sixty Three Crores Only) Equity Shares of ₹ 1/- (Rupee One Only) each by the addition there to a sum of ₹ 18,00,00,000/- (Rupees Eighteen Crores Only) divided into 18,00,00,000 (Eighteen Crores Crores) Equity Shares of ₹ 1/- (Rupee One Only) each ranking pari-passu in all respects with the existing shares of the Company. 2. To issue upto 2,28,30,902 (Two Crores Twenty Eight Lakhs Thirty Thousand Nine Hundred and Two only) Equity shares of Face Value ₹ 1/- (Rupee One only) each at a price of ₹ 416.60/- (Rupees Four Hundred Sixteen and Sixty Paise Only) (“Preferential Allotment Price”) each including premium of ₹ 415.60/- (Rupees Four Hundred Fifteen and Sixty Paise only) per share aggregating to ₹ 951,13,53,825 (Rupees Nine Hundred and Fifty One Crores Thirteen Lakhs Fifty Three Thousand Eight Hundred and Twenty Five only) on a preferential basis (“Preferential Allotment”) for cash consideration to the select group of persons who do not belong to Promoter & Promoter Group of the Company (“the Proposed Equity 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, SEBI 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 5,69,15,380 (Five Crores Sixty Nine Lakhs Fifteen Thousand Three Hundred and Eighty 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 12 (Twelve Months) in accordance with the applicable law (“Warrants”) at a price of ₹ 416.60/- ((Rupees Four Hundred Sixteen and Sixty Paise) each (including the warrant subscription price and the warrant exercise price) aggregating upto ₹ 2371,09,47,329/- (Rupees Two Thousand Three Hundred Seventy One Crores Nine Lakhs Forty Seven Thousand Three Hundred Twenty Nine only) to Promoter Group and to certain Apollo Micro Systems Limited Regd Office. Plot No.128/A, Road No.12, IDA-Mallapur, Uppal Mandal, Hyderabad-500076, Telangana, India Tel No:040-27167000-099, Fax No: 040-27150820 Mail: cs@apollo-micro.com, www.apollo-micro.com CIN:L72200TG1997PLC026556 identified Non-Promoter Persons or Entities (“the Proposed Warrant 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, SEBI Listing Regulations and such other acts / rules / regulations as may be 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 Warrant 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. Authorization to borrow monies exceeding the Paid-Up Share Capital, Free Reserves and Securities Premium of the Company under Section 180(1)(c) of the Companies Act, 2013 subject to the approval of the members of the Company at the ensuing general meeting 6.Authorization to create security under Section 180(1)(a) of the Companies Act, 2013 subject to the approval of the members of the Company at the ensuing general meeting 7. Authorization to give Loans and Guarantees to any bodies corporate(s) / other persons and make investments in any body corporate / other persons under Section 186 of the Companies Act, 2013 subject to the approval of the members of the Company at the ensuing general meeting 8. To hold the Extra-Ordinary General Meeting of the Members of the Company on Tuesday, 4th August, 2026 through video conferencing and / or other audio-visual means; 9. 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 evoting "in favor" or "against" the resolutions stated in the notice sent to the members for the Extraordinary General Meeting. 10. To fix Tuesday, 28th day of July, 2026 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, 4th day of August, 2026 through video conferencing and / or other audio-visual means. The Board Meeting Commenced at 04:30 P.M. (IST) on 6th day of July, 2026 and concluded at 12.05 A.M. (IST) on 07th July 2026. We request you to kindly take on record the information and disseminate the same. Thanking you, Yours faithfully, For Apollo Micro Systems Limited Karunakar Reddy Baddam Managing Director DIN:00790139 Apollo Micro Systems Limited Regd Office. Plot No.128/A, Road No.12, IDA-Mallapur, Uppal Mandal, Hyderabad-500076, Telangana, India Tel No:040-27167000-099, Fax No: 040-27150820 Mail: cs@apollo-micro.com, www.apollo-micro.com CIN:L72200TG1997PLC026556 ANNEXURE-I The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 , SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024 and HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dt January 30, 2026 Sl Particulars Description 1 Type Security issued Equity Shares 2 Type of issuance Preferential issuer, on a private allotment 3 Total number of securities issued or the Upto to 2,28,30,902 (Two Crores Twenty Eight Lakhs total amount for which the securities T [Showing first 8,000 characters — download PDF for full document]