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 formed Shauryastra Defence Systems for complete weapon system and defence platform development. With a 34% stake for Rs. 34,000, this strategic move under Dr. V. K. Saraswat aims to strengthen its position as a total defence solutions provider.
Apollo Micro Systems received approval for its open offer to acquire 26% of Premier Explosives, totaling ~1.4 Cr shares at Rs 698 each (~Rs 976 Cr). The offer's tendering period starts post-CCI approval, with shareholder payments within 10 days, plus 10% interest if delayed.
Apollo Micro Systems secured new orders worth ₹80.84 Cr. These contracts, from Defence PSUs, State Governments, and Private Industries, strengthen its operational pipeline and business outlook.
Apollo Micro Systems announced strategic moves: acquisition of Premier Explosives, Indian Navy's Make-II SAVIOR-ASW order, IAF's IPREK program empanelment, and delivery of indigenous SDD. Bolstering India's defense tech and self-reliance efforts.
Apollo Micro Systems posted record Q1FY27 results: ₹251 Cr consolidated revenue & ₹25 Cr PAT. Order book hit ₹1704 Cr. Company acquired 41.33% of Premier Explosives for ₹1550 Cr cash. Also authorized for missile manufacturing and bagged orders for Smart Bombs & SAVIOR-ASW.