Apollo Micro Systems has announced through a regulatory filing that its step-down subsidiary IDL Explosives Limited has secured significant contracts worth ₹4,208.96 crores. The announcement, made under Regulation 30, details a major running contract for bulk explosives supply and an additional export order for cartridge explosives.

Contract Portfolio Details

IDL Explosives Limited has been granted a Running Contract for supplying bulk explosives to subsidiaries of Coal India Limited, valued at ₹4,193.96 crores. Additionally, the subsidiary secured an export order worth ₹15.00 crores for cartridge explosives supply, bringing the cumulative order value to ₹4,208.96 crores.

Strategic Business Expansion

The contracts represent a significant milestone for Apollo Micro Systems' diversification strategy beyond its core aerospace and defence operations. The running contract structure with Coal India subsidiaries ensures sustained business engagement with India's largest coal mining entity, providing long-term revenue visibility.

Export Market Entry

The ₹15.00 crore export order for cartridge explosives marks IDL Explosives' entry into international markets, demonstrating the subsidiary's capability to compete globally in specialized explosive products. This diversification into both domestic mining and international markets strengthens the company's overall business portfolio.

Regulatory Compliance

The announcement was made through proper regulatory channels under Regulation 30, with Managing Director Karunakar Reddy Baddam signing the disclosure on December 31, 2025. The company emphasized that these contracts were secured in the ordinary course of business, highlighting the systematic growth of its explosives division.

Apollo Micro Systems has officially announced securing substantial orders worth ₹100.24 crores for unmanned aerial systems from a private company. According to the company's regulatory filing dated December 26, 2025, the delivery to the Ministry of Defence is expected to be completed within four months.

Order Details

The contract specifications highlight the company's continued involvement in the defence sector through unmanned aerial technology solutions. The order was received in the ordinary course of business operations.

Regulatory Compliance

The company has informed both BSE Limited and National Stock Exchange of India about this development under Regulation 30. The intimation was signed by Karunakar Reddy Baddam, Managing Director (DIN: 00790139), ensuring proper disclosure to stakeholders.

Business Impact

This order represents a significant business development for Apollo Micro Systems in the aerospace and defence sector. The four-month delivery timeline indicates the company's readiness to execute large-scale defence contracts efficiently.

The involvement of both a private firm as the immediate client and the Ministry of Defence as the end user reflects the structured procurement processes often seen in defence sector transactions. This arrangement allows private entities to facilitate defence equipment procurement while ensuring final delivery to government agencies.

Company Position

The order strengthens Apollo Micro Systems' position in the unmanned systems market segment. The company's ability to secure orders of this magnitude demonstrates its capabilities in developing and manufacturing advanced aerial systems for defence applications.