Apollo Micro Systems (AMS) has signed a Memorandum of Understanding (MoU) with the Government of Telangana (GoT) on 08 December 2025, in Hyderabad, Telangana. Under this MoU, AMS along with its subsidiaries and step-down subsidiaries will be setting up a greenfield project in Telangana, marking a significant commitment toward strengthening the Nation`s capabilities in critical sectors such as Defence and High-Energetic Explosives.The proposed project, with an estimated investment of approximately Rs 1500 crore, is aimed at expanding the company`s manufacturing and explosive filling capabilities. The project will focus on the manufacturing and filling of Warheads, Rocket Motors, Small, Medium and Large Calibre Artillery Systems and Ammunition, and building of complete Ammunition Systems for Artilleries, Rockets and Other Armaments. The project will cater to both domestic and overseas demand requirements. The Government of Telangana shall extend facilitation to AMS in obtaining all necessary permissions, registrations, approvals, clearances, and applicable fiscal incentives from the concerned state departments, in accordance with existing policies, rules, and regulations as stated in MoU.Powered by Capital Market - Live News

Apollo Micro Systems has been approved by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, for an industrial explosives and manufacturing license. The license is obtained for manufacturing of equipments under categories of defence aircraft for unmanned helicopters activity which includes unmanned aerial systems. The license is also granted under category of allied defence equipment for inertial navigation systems and radar equipments.The license is valid for a period of 15 years and is a prerequisite for the present and upcoming manufacturing opportunities with Ministry of Defence (MoD). Powered by Capital Market - Live News

Apollo Micro Systems has received orders amounting to Rs 5.76 crore from DRDO and Rs 21.60 crore from a private company, in the normal course of business. The total orders received by the Company amounts to Rs 27.36 crore.Powered by Capital Market - Live News

Apollo Micro Systems announced that its subsidiary Apollo Defence Industries has concluded the acquisition of IDL Explosives. With completion of the corporate action IDL Explosives now becomes the Step Down Subsidiary of Apollo Micro Systems.IDL Explosives has manufacturing facilities in Rourkela and many other locations. Apollo Group intends to expand and strengthen the business in line with its strategic plans in the rapidly growing defence explosive sector.This acquisition signifies the beginning of a strategic consolidation, which is expected to commence from Q3 FY2026. With this acquisition, Apollo Group aims to strengthen its footprint in the defence sector by adding the critical capabilities of next generation high end Defence grade explosives, propellants and warhead systems to its already fortified expertise in Weapon System Electronics and Platforms. Powered by Capital Market - Live News

Apollo Micro Systems has received orders worth Rs 11.01 crore from DRDO, Rs 22.57 crore from Defense Public Sector undertaking and Rs 50.8 lakh from private companies. The total orders received by the Company amounts to Rs 34.09 crore.Powered by Capital Market - Live News