Apollo Micro Systems Limited
Apollo Micro Systems Ltd is a pioneer in design, development, assembly and testing of electronic and electro mechanical solutions.
What Apollo files
- Updates65
- Others62
- Investor Meet54
- Important47
- PPTs44
- Board Meeting23
Apollo Micro Systems received final comments from SEBI on its open offer to acquire 26% of Premier Explosives Limited equity. The company will now proceed with the open offer process following SEBI's guidance.
Apollo Micro Systems reported robust Q1 results with consolidated revenue up 88.1% to ₹251.29 Cr and PAT rising 42.6% to ₹25.22 Cr. The company acquired 41.33% in Premier Explosives, received Make-II orders for autonomous naval vessels and smart bombs, and advanced several mine systems to production, boosting defense capabilities.
Apollo Micro Systems listed 1.43 Cr new equity shares (Rs 162.95 Cr) on exchanges. These stem from warrants converted by non-promoters, reinforcing capital. The shares carry a lock-in period until January 2027.
Apollo Micro Systems secured an Indian Navy order to develop a prototype Semi-Submersible Autonomous Vessel (SAVIOR-ASW) for Anti-Submarine Warfare. This strategic project establishes the company in autonomous maritime systems, boosting India's self-reliance with significant future procurement opportunities.
Apollo Micro Systems successfully completed blast trials for Limpet Mines, a Diver Carried Mine for the Indian Navy. This establishes them as the sole Indian developer, enhancing their underwater mine and electronic warfare capabilities.