Apollo Micro Systems Ltd. , a key player in the defense technology sector, has emerged as the lowest bidder for defense orders worth ₹25.12 crores from the Defence Research and Development Organisation (DRDO) and Defense Public Sector Undertakings (PSUs). This development positions the company favorably to secure these significant defense contracts through the competitive bidding process.

Potential Contract Details

The potential contracts, totaling ₹25.12 crores, encompass orders from both DRDO and Defense PSUs. While specific details of the orders remain undisclosed, securing these contracts could substantially boost Apollo Micro Systems' order book and reinforce its position in the defense technology market.

Implications for Apollo Micro Systems

Being named the lowest bidder is a crucial step in the procurement process for defense contracts. It indicates that Apollo Micro Systems has offered the most competitive pricing while meeting the technical specifications required by DRDO and Defense PSUs. This achievement underscores the company's competitiveness in the defense sector and its ability to offer cost-effective solutions for critical defense technologies.

Company's Recent Engagements

In a separate development, Apollo Micro Systems has scheduled a meeting with investors and analysts. According to the company's recent disclosure to the stock exchanges:

The company has emphasized that discussions during this meeting will be based on publicly available information, and no unpublished price sensitive information (UPSI) is intended to be shared.

Looking Ahead

As Apollo Micro Systems awaits the final confirmation of these defense contracts, the company continues to engage with its stakeholders. The upcoming investor and analyst meeting, including a plant visit, suggests the company's commitment to transparency and its efforts to showcase its capabilities to the investment community.

The potential securing of these defense contracts, coupled with proactive investor relations, could signal positive momentum for Apollo Micro Systems in the defense technology sector. Stakeholders will be keenly watching for the final outcome of the bidding process and any subsequent impact on the company's performance and market position.

Apollo Micro Systems Limited has received trading approval for an additional 35,088 equity shares issued on a preferential basis through warrant conversion. This latest development adds to the company's ongoing equity expansion initiatives in the aerospace and defence sector.

Latest Trading Approval Details

The National Stock Exchange of India Limited (NSE) and BSE Limited have granted trading approval for 35,088 equity shares of Re. 1 each on December 24, 2025. These shares, issued to non-promoters through warrant conversion on a preferential basis, will be available for trading from December 26, 2025.

Previous Preferential Issue

This follows the company's earlier preferential issue of 2.70 crore equity shares, which also received trading approval from both exchanges. The previous issue had a longer lock-in period extending until February 28, 2026, with distinctive numbers ranging from 306489561 to 333532454.

Regulatory Compliance

The company has completed all necessary regulatory procedures for the listing of these additional shares. Managing Director Karunakar Reddy Baddam confirmed the receipt of trading approvals from both NSE and BSE, ensuring compliance with Securities and Exchange Board of India regulations.

Market Implications

These successive preferential issues represent continued expansion of Apollo Micro Systems' equity base. The warrant conversion mechanism demonstrates investor confidence in the company's growth prospects within the aerospace and defence sector. The shares will trade under the symbol 'APOLLO' on NSE and scrip code 540879 on BSE.

The company continues to strengthen its capital structure through these strategic equity expansions, providing additional resources for its operations in the defence technology sector.