Apollo Micro Systems subsidiary receives ₹419.4 Crore Coal India contract
Apollo Micro Systems Limited announced that its step-down subsidiary, M/s. IDL Explosives Limited, has secured a Running Contract (RC) for the supply of bulk explosives to subsidiaries of Coal India L...
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Why is Apollo Micro Systems Limited in the news today?
Apollo Micro Systems Limited (APOLLO) is in the news due to the announcement reports significant new orders for the company's subsidiary, indicating business growth and expansion.
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Apollo Micro Systems subsidiary receives ₹419.4 Crore Coal India contract
December 31, 2025, 03:42 AM
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Apollo Micro Systems Limited announced that its step-down subsidiary, M/s. IDL Explosives Limited, has secured a Running Contract (RC) for the supply of bulk explosives to subsidiaries of Coal India Limited. The value of this contract is INR 4193.96 Million (₹419.40 Crore). Additionally, the subsidiary has received an export order valued at INR 15 Million (₹1.50 Crore) for the supply of cartridge explosives. The cumulative value of orders received by the subsidiary amounts to INR 4208.96 Million (₹420.90 Crore). This update is provided for the information of shareholders.
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