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Apollo Micro Systems gets nod to borrow funds up to Rs 200 crore

30 May 2023 Evaluate

Apollo Micro Systems has received an approval to borrow funds to an amount not exceeding Rs 200 crore for expansion of facility, General Corporate Expenses and for acquisition of technologies or companies. The Board of Directors of the company in their meeting held on May 29, 2023, has considered the same. 

Apollo Micro Systems offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defence and space customers. 


Peers
Company Name CMP
Hindustan Aeronaut. 4850.00
Bharat Electronics 371.60
Aequs 247.00
Astra Microwave Prod 1553.80
Axiscades Tech. 1972.45
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