APOLLO MICRO SYSTEMS BAGS ORDER WORTH Rs 134 CRORE FROM DRDO AND INDIAN NAVY

has secured fresh orders worth Rs 134 crore from DRDO, the Indian Navy, defence PSUs and other clients, strengthening it's order book as the company expands it's footprint across India's defence manufacturing ecosystem. The company has got these the orders in the ordinary course of business and span multiple defence and government projects. Separately, it's step-down subsidiary IDL Explosives Ltd has secured work orders worth Rs 55.22 crore, which will be executed over the next two years. These new orders would strengthen India's defence manufacturing capabilities and deepen the company's expertise in energetic materials and space programmes.