Apollo Micro Systems Ltd

Apollo Micro Systems Limited has been awarded the Transfer of Technology (ToT) for the Semi Active Laser Homing System (SALHS), a precision-guidance system for munitions. This award, received in the presence of the Hon’ble Raksha Mantri, Shri Rajnath Singh Ji, significantly strengthens the company's capabilities in indigenous defence technologies. Additionally, the MIGM (Multi Influence Ground Mine) Handing-Over Ceremony was held during VIMARSH 2026, with the Ministry of Defence having already accorded Acceptance of Necessity (AoN) for MIGM. The company views these developments as a defining milestone in its growth, enhancing its role in India's defence technology ecosystem, particularly in missile warfare.

Apollo Micro Systems Limited (AMS) has issued a clarification regarding a news item concerning a High Court judgment. The company states that the reference to a "₹1 bid" in the headline was inaccurate and not part of the court's judgment. The judgment was substantially in favor of AMS and the procuring authorities, rejecting prayers for tender cancellation and bidder disqualification. No lapses were established against AMS or DRDO/NSTL. The contract award and financial approval for AMS remain valid, subject to pre-award verification. The court upheld the tender conditions, bid opening, and evaluation, recognizing AMS's competitive bid basis. AMS highlighted its long-standing service to DRDO and its cost-effective solutions stemming from R&D and indigenous development, including pre-developed Underwater Mine technologies.

Apollo Micro Systems Ltd has announced its 29th Annual General Meeting (AGM) scheduled for September 30, 2026, to be held via Video Conferencing. The company is submitting its Annual Report for the financial year 2025-26, along with the Notice of AGM, in electronic mode as per SEBI regulations. The Annual Report, detailing management discussion, financial statements, and corporate governance, is available on the company's website. The report highlights the company's focus on indigenous defence capabilities, global ambitions, and strategic growth, including the acquisition of IDL.

Apollo Micro Systems Ltd has announced Wednesday, September 23, 2026, as the record date for determining shareholder entitlement to the final dividend for FY 2025-26. This follows the Board's recommendation of the dividend, which is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for September 30, 2026. If approved, the dividend will be paid or dispatched within 30 days of shareholder approval.

Apollo Micro Systems Ltd's Board of Directors met on September 8, 2026, approving the notice for the 29th Annual General Meeting (AGM) scheduled for September 30, 2026. The meeting also approved the Director's Report for FY 2025-26. A record date of September 23, 2026, was fixed for determining dividend eligibility and for remote e-voting purposes. Ms. Sridevi Madati was appointed as the scrutinizer for the e-voting process, and CareEdge Ratings was appointed as the Monitoring Agency.

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.

Apollo Micro Systems Ltd has received approval from SEBI to commence its open offer for Premier Explosives Limited. The offer aims to acquire up to 1,39,77,911 equity shares, representing 26.00% of the target company's capital, at a price of ₹698 per share. The tendering period can begin within twelve working days of receiving CCI approval. Payments to successful shareholders will be made within ten working days from the last tendering date, with interest applicable for any delays.

Apollo Micro Systems Ltd (AMS) has announced that it has been awarded new orders totaling INR 808.38 Million. These orders have been secured from Defence Public Sector Undertakings (PSUs), State Governments, and Private Industries. This business update is intended to inform shareholders about the ongoing order book and operational activities of the company.

Apollo Micro Systems Ltd (AMS) has received final comments from the Securities and Exchange Board of India (SEBI) on the draft letter of offer for its open offer to acquire 26% of equity shares in Premier Explosives Limited (PEL). This update follows an announcement on July 9, 2026, regarding the open offer. SEBI conveyed its final comments via a letter dated August 14, 2026, which was received by AMS on August 16, 2026. The company will now proceed with the necessary steps as advised by SEBI and required under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, to complete the open offer process.

Apollo Micro Systems Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Acuite Ratings & Research Limited, confirms that there has been no deviation in the utilization of funds raised through a preferential issue. The total issue size was ₹742.25 Cr, comprising equity shares and convertible warrants. The company has utilized the proceeds as per the objects outlined in the offer document. The report also states that no material deviation requiring shareholder approval was observed, and the means of finance for the disclosed objects remain unchanged.