Apollo Micro Systems Seeks Shareholder Approval for ₹1,500 Crore Related Party Transactions and ₹700 Crore Loan Facility
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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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.
Historical Stock Returns for Apollo Micro Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.79% | -3.02% | -18.80% | +127.67% | +167.49% | +2,362.84% |
















































