Apollo Micro Systems Seeks Shareholder Approval for ₹1,500 Crore Related Party Transactions and ₹700 Crore Loan Facility

1 min read     Updated on 07 Nov 2025, 01:56 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

Apollo Micro Systems Limited, a defense and aerospace sector company, is seeking shareholder approval for two major resolutions via postal ballot. The first involves material related party transactions totaling ₹1,500 crores for FY 2025-26 with three subsidiaries. The second resolution proposes providing loans, guarantees, or securities up to ₹700 crores to IDL Explosives Limited. E-voting for these resolutions will run from November 8 to December 6, 2025. Additionally, the company has secured new orders worth ₹340.96 crores from various clients including DRDO and a Defense Public Sector Undertaking.

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*this image is generated using AI for illustrative purposes only.

Apollo Micro Systems Limited , a key player in the defense and aerospace sector, has announced significant corporate actions requiring shareholder approval through a postal ballot. The company is seeking consent for two major resolutions that could substantially impact its financial operations and relationships with subsidiaries.

Material Related Party Transactions

The first resolution proposes material related party transactions totaling ₹1,500 crores for the financial year 2025-26. These transactions are to be conducted with three entities:

Entity Relationship Transaction Limit
Apollo Defence Industries Private Limited Subsidiary ₹500.00 crores
Apollo Strategic Technologies Private Limited Step Down Subsidiary ₹500.00 crores
IDL Explosives Limited Probable Step Down Subsidiary ₹500.00 crores

These transactions, which include the sale and purchase of goods, services, property leasing, and other related activities, represent 88.95% of Apollo Micro Systems' audited consolidated annual turnover of ₹562.06 crores for the financial year 2024-25.

Loan and Guarantee Facility

The second resolution seeks approval for providing loans, guarantees, or securities up to ₹700 crores to IDL Explosives Limited, a probable step-down subsidiary. This facility is proposed under Section 185 of the Companies Act, 2013, allowing financial assistance for business requirements and capital expenditures.

Voting Process and Timeline

The company has initiated an e-voting process for these resolutions:

  • E-voting Start Date: November 8, 2025
  • E-voting End Date: December 6, 2025
  • Results Announcement: On or before December 8, 2025

Recent Business Updates

In addition to these corporate actions, Apollo Micro Systems has reported new orders worth ₹340.96 crores:

Client Order Value
DRDO ₹110.16 crores
Defense Public Sector Undertaking ₹225.71 crores
Private Companies ₹5.08 crores

These orders, received in the ordinary course of business, underscore the company's strong position in the defense and aerospace sectors.

The proposed resolutions and recent orders highlight Apollo Micro Systems' strategic moves to strengthen its financial position and expand its operations within the group companies. Shareholders will play a crucial role in determining the outcome of these significant corporate decisions.

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Apollo Micro Systems Secures Orders Worth INR 340.96 Crore from Defense and Private Sectors

1 min read     Updated on 07 Nov 2025, 09:18 AM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Apollo Micro Systems Limited has received new orders totaling INR 340.96 crore in the defense and aerospace sector. The orders include INR 110.16 crore from DRDO, INR 225.71 crore from Defense Public Sector Undertaking, and INR 5.08 crore from private companies. This development reinforces the company's position in the industry and demonstrates its ability to secure significant contracts across public and private defense sectors.

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*this image is generated using AI for illustrative purposes only.

Apollo Micro Systems Limited , a key player in the defense and aerospace sector, has announced securing new orders totaling INR 340.96 crore. This development marks a significant milestone for the company, reinforcing its position in the industry.

Order Breakdown

The company has provided a detailed breakdown of the orders received:

Sector Order Value (INR Crore)
DRDO 110.16
Defense Public Sector Undertaking 225.71
Private Companies 5.08
Total 340.96

Strategic Implications

These orders, received in the ordinary course of business operations, underscore Apollo Micro Systems' strong foothold in both the public and private defense sectors. The substantial order from the Defense Public Sector Undertaking, accounting for about 66% of the total order value, highlights the company's crucial role in India's defense ecosystem.

Company's Position

Apollo Micro Systems Limited, known for its expertise in electronic systems and solutions, continues to demonstrate its capability to secure significant contracts in the highly competitive defense and aerospace industry. The diverse nature of these orders, spanning from government organizations like DRDO to private companies, showcases the company's versatility and wide-ranging product portfolio.

Market Impact

While the immediate financial impact of these orders on the company's balance sheet remains to be seen, such substantial contracts typically boost investor confidence and may positively influence the company's market position. The orders also indicate a healthy demand for Apollo Micro Systems' products and services in the defense sector.

Looking Ahead

As Apollo Micro Systems fulfills these orders, stakeholders will likely keep a close watch on the company's execution capabilities and potential for securing similar high-value contracts in the future. The company's ability to consistently win orders from prestigious clients like DRDO and Defense Public Sector Undertakings may be seen as a positive indicator of its long-term growth prospects in the defense and aerospace sectors.

The management of Apollo Micro Systems Limited has not provided specific comments on how these orders might affect the company's future financial performance or strategic direction. Investors and market analysts may look forward to more details in the company's upcoming financial reports and announcements.

Historical Stock Returns for Apollo Micro Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+0.79%-3.02%-18.80%+127.67%+167.49%+2,362.84%
Apollo Micro Systems
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