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.
