SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Apollo Micro Systems’ arm executes SPA to acquire 100% stake in IDL Explosives

03 May 2025 Evaluate

Apollo Micro Systems’ subsidiary -- Apollo Defence Industries (ADIPL) has on May 02, 2025 executed a Share Purchase Agreement (SPA) for the acquisition of 100% equity shareholding of IDL Explosives, a company engaged in the manufacture and supply of bulk explosives used in mining and infrastructure projects.

This acquisition is aimed at augmenting the company’s manufacturing capabilities in the area of Defence Explosives, supporting the growing indigenous demand across artillery, missile, and other high-impact defence domains.

Through this transaction, the Apollo Group takes a significant step forward in its long-term vision of emerging as a Tier-I OEM Weapon Systems Supplier, offering comprehensive solutions under one roof - from the design of Weapon Systems electronics to complete Weapon Systems solutions provider including platforms and explosives.

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


Apollo Micro Systems Share Price

282.95 40.65 (16.78%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×