Apollo Micro Systems Ltd (AMSL) has formed a new subsidiary called Apollo Defence Industries Pvt Ltd (APDIPL) to focus on the defence sector. The Hyderabad-based company offers technology-based solutions in various sectors including infrastructure, transportation, and aerospace. Promoter Karunakar Reddy has subscribed to 1,400 equity shares of Rs 10 each in APDIPL.
Looking for the latest Government Contracting News? Check out our story: Booz Allen to Advance 'Soldier as a System' Concept Under $919M DOD R&D Award;