Subsidiary22 Aug 2026, 08:20 pm
Apollo Micro Systems Forms Defence Tech Subsidiary ShauryAstra
AI Summary
Apollo Micro Systems Ltd (AMS) has announced the incorporation of a new entity, Shauryastra Defence Systems Private Limited, in which AMS has subscribed to 34% equity for ₹34,000. This subsidiary is established as a dedicated technology and development entity focused on addressing unsolved and futuristic operational problem statements for the Armed Forces. Led by Dr. V. K. Saraswat, it aims to pursue research, design, and development of complete weapon systems, long-range systems, and unmanned platforms. This strategic move aligns with AMS's long-term vision of becoming a total solutions provider in the defence sector and supports the Government of India's 'Atmanirbhar Bharat' initiative.
Key Highlights
- AMS invests ₹34,000 for 34% stake in new defence tech subsidiary.
- Shauryastra Defence Systems to focus on futuristic defence solutions.
- Entity aims to address unsolved operational problems for Armed Forces.
- Move strengthens AMS's position as a total defence solutions provider.
- Aligns with 'Atmanirbhar Bharat' vision for indigenous defence capabilities.
Price Impact
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