Apollo Micro Systems Share Price Gains as Subsidiary Secures ₹1,500 Million Contract

Apollo Defense Industries Private Limited, a subsidiary of Apollo Micro Systems Ltd, has entered into a significant agreement with a private company. This contract, valued at ₹1,500 million, marks a notable development in the company's business activities. 

Details of the ₹1,500 Million Contract 

On January 1, 2026, Apollo Defense Industries announced the signing of a contract worth ₹1,500 million with a private company. This agreement is part of the company's ordinary course of business and represents a substantial addition to its portfolio. 

The contract underscores Apollo Defense Industries' ongoing efforts to expand its operations and strengthen its market position. The agreement is expected to enhance the company's capabilities in the defence sector. 

Read More: Apollo Micro Systems Share Price Rises; Subsidiary Secures Orders Worth ₹4,209 Million! 

Corporate Communication 

The communication regarding this contract was addressed to the BSE Limited and the National Stock Exchange of India Ltd. The announcement was signed by Karunakar Reddy Baddam, Managing Director of Apollo Micro Systems Ltd. 

Apollo Micro Systems Share Price Performance 

As of January 01, 2026, at 10:54 AM, Apollo Micro Systems share price on NSE was trading at ₹276.65 up by 1.71% from the previous closing price. 

Conclusion 

Apollo Defense Industries' recent contract worth ₹1,500 million with a private company highlights a significant business development. This agreement is an important step in the company's growth trajectory and reflects its strategic initiatives in the defence sector. 

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