IDL Explosives Limited, a step-down subsidiary of

, has obtained an Industrial License to manufacture high-energy defence explosives. The license allows production of HMX (50 MTPA) and TNT (500 MTPA) at facilities in Odisha. This strategic move enables Apollo Micro Systems to meet captive requirements and serve growing demand in domestic and international markets, supporting India's Atmanirbhar Bharat initiative. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.