Apollo Micro Systems Ltd (AMSL) on Saturday said it has incorporated a separate entity to carry out the business in the defence sector.
Hyderabad-based AMSL offers technology-based solutions in sectors like infrastructure, transportation, aerospace and defence, among others.
In a statement, the company said it has incorporated a subsidiary named Apollo Defence Industries Pvt Ltd (APDIPL) on Sept. 21, 2023.
Promoter Karunakar Reddy has subscribed to 1,400 equity shares of Rs 10 each in APDIPL, the statement said.
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It further said that APDIPL shall work on defence platforms through collaborated approach both in domestic and international companies.
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