Apollo Micro Systems Limited has announced fresh business developments, including confirmed order wins and new bidding milestones. In a regulatory filing, the company disclosed that it has received orders worth ₹7.52 crore from the Defence Research and Development Organisation (DRDO), a Public Sector Undertaking (PSU), and a private company, as part of its ongoing business operations.
In addition, Apollo Micro Systems has also been declared the lowest bidder (L1) for projects worth an additional ₹11.48 crore, involving contracts from DRDO and a PSU. The company noted that these developments were part of its routine business activities and are aimed at keeping stakeholders informed of its progress.
These recent order inflows are expected to further bolster Apollo’s presence in the defence and strategic electronics segments.
Disclaimer: The above information is based on official company communication and is intended for informational purposes only. Please consult your financial advisor before making any investment decisions.
