Apollo Micro Systems Limited announces Business Updates

Apollo Micro Systems Limited has announced the appointment of M/s MP3 International as its official representative for the Middle East market. This strategic collaboration is established through a Letter of Authorization, paving the way for enhanced market reach and deeper engagement with clients in the region.

MP3 International: A subsidiary of M/s Grade One Group, a prominent part of the EDGE GROUP, an Abu Dhabi Government-owned entity specializing in Defense Products in the UAE. GradeOne Group specializes in providing military hardware, equipment, pyrotechnics, ammunition, and supplies, to the various military sectors - army, special forces, navy, air force, law enforcement and rescue services. The Group also provides sporting and hunting equipment, supplies and accessories.

Apollo Micro Systems Limited, a leading company in the Indian Defence sector for electronic manufacturing, hardware designing, weapon integration, and platform integration proposes to establish new Composites manufacturing facility and intends to seek the Board's approval for a substantial investment of INR 50 Million to turn this vision into reality.

Source : Equity Bulls

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