Apollo Micro Systems Ltd

Apollo Micro Systems Ltd has announced a significant business update, revealing that it has been awarded new orders totaling INR 2133.91 Million (approximately ₹213.39 Crores). These orders have been secured from key clients including DRDO, Defence Public Sector Undertakings (PSUs), and various Private Industries. This development underscores the company's continued success in securing business within the defence and industrial sectors, contributing to its order book and future revenue streams. The update is intended to keep shareholders informed about the company's operational progress.

Apollo Micro Systems Ltd has announced that its Board of Directors will convene on August 8, 2026. The primary agenda item for this meeting is to consider and approve the un-audited standalone and consolidated financial results for the first quarter of the fiscal year 2027, ending June 30, 2026. Following this announcement, the trading window for the company's securities, which was closed for designated persons from July 1, 2026, will reopen on August 11, 2026.

Apollo Micro Systems Limited (AMS) has successfully handed over its indigenously developed Safety & Detonation Device (SDD) to the Indian Navy. This marks a significant milestone in naval weapon-system indigenisation under Aatmanirbhar Bharat. The SDD replaces imported equipment, expected to reduce procurement costs and enhance self-reliance in the defence sector. AMS has completed rigorous design, development, qualification, and validation for the device, which is critical for munition safety and performance. The company is prepared for series production and lifecycle support, anticipating a pipeline of future orders.

Apollo Micro Systems Limited (AMS) has successfully handed over its indigenously developed Safety & Detonation Device (SDD) to the Indian Navy. This marks a significant achievement in defence indigenisation, replacing imported equipment and expected to reduce procurement costs for the Navy. The SDD is a critical safety component for naval munitions, ensuring safe handling and arming only under prescribed conditions. AMS has completed a rigorous design, development, qualification, and validation process, and is prepared for series production and lifecycle support. The company anticipates this success will lead to a healthy pipeline of future orders.

Apollo Micro Systems Limited (AMS) has been formally shortlisted and empanelled by the Indian Air Force (IAF) as a Prime Development Agency for the Indigenous Precision Range Extension Kit (IPREK) programme. This initiative falls under the Make-II (Industry Funded) category of India's Defence Acquisition Procedure 2020 (DAP-2020). The IPREK is a bolt-on kit designed to convert existing General Purpose (GP) 500 Kg unguided bombs into long-range precision glide weapons, capable of striking targets within 3 meters from over 80-100 km. This development marks AMS's entry into the high-value precision guided munition segment, reducing India's import dependency and enhancing its air power capabilities. The programme involves an initial procurement phase of over 500 units, presenting a significant, multi-year revenue opportunity for AMS.

Apollo Micro Systems Limited has been shortlisted and awarded a Make-II Prototype Sanction Order (PSO) by the Indian Air Force for indigenous Guidance and Navigation Kits. This project involves the design, development, and prototype demonstration of a 500 Kg Smart Bomb capable of precision targeting from over 80-100 km. The system, named IPREK, converts existing bomb inventory into a precision standoff capability and integrates India's NavIC satellite navigation. This award marks AMS's entry into the high-value precision guided munition (PGM) segment as a Prime OEM. The government is committed to procurement upon successful prototype demonstration, with no cost obligation during development.

Apollo Micro Systems Ltd announced the listing and trading approval for 14,294,072 equity shares of Re.1 each, issued on a preferential basis. These shares were allotted upon conversion of convertible warrants issued on June 8th, 17th, and 23rd, 2026, to non-promoters. The shares are admitted to dealings on both NSE and BSE effective July 23, 2026. The issue price was Rs. 114/- per share (including a premium of Rs. 113/-). The shares rank pari-passu with existing equity shares. A lock-in period is in effect until January 23, 2027, for these newly listed shares.

Apollo Micro Systems Limited (AMS) has received a Make-II Prototype Sanction Order (PSO) from the Indian Navy for the development of the SAVIOR-ASW, a semi-submersible autonomous vessel for intelligence, operations, and reconnaissance. This contract signifies AMS's entry into the autonomous maritime warfare domain and is a key indigenous defence technology milestone. The SAVIOR-ASW is designed for Anti-Submarine Warfare (ASW) surveillance, offering persistent underwater monitoring at a fraction of the cost of conventional naval assets. This development aligns with India's strategic need to secure vital sea lanes in the Indian Ocean Region, enhancing its maritime security capabilities.

Apollo Micro Systems Limited has been shortlisted and awarded a Make-II Prototype Sanction Order (PSO) by the Indian Navy for the design, development, and prototype demonstration of the Semi-Submersible Autonomous Vessel for Intelligence, Operations and Reconnaissance (SAVIOR-ASW). This unmanned, semi-submersible maritime platform is designed for persistent Anti-Submarine Warfare (ASW) surveillance. The project aligns with India's 'Atmanirbhar Bharat' initiative. Under the Make-II category, there is no cost obligation on the Government during prototype development, with a commitment to procurement upon successful demonstration. This marks a significant entry for Apollo Micro Systems into autonomous maritime and underwater warfare systems.

Apollo Micro Systems Ltd has announced securing new orders worth INR 1343.45 Million from various clients including DRDO, Indian Navy, Defence PSUs, State Government, and Private Industries. Additionally, its step-down subsidiary, IDL Explosives Limited, has been awarded work valued at INR 552.20 Million, to be executed over two years. These orders represent significant business wins for the company and its subsidiary, bolstering their order book and future revenue prospects.