APOLLONSEApollo Micro Systems LimitedMediumNeutral
Announced Mon, 18 May · 15:47 IST

Apollo Micro Systems Limited has informed the Exchange regarding Appointment of E Sateesh Reddy Internal Auditor as Other of the company w.e.f. May 18, 2026.

Kmp ResignedManagement Changes View source PDF

APOLLO · price

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Price reaction · full curve 14 horizons · vs prior close
+11.4%1-day move
₹320.00
prior close
₹326.80
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+0.4+3.6+2.6+11.4+11.3+10.6+26.6+28.4+28.1+24.6+35.4+22.3
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AI summary

Apollo Micro Systems reported strong FY2026 results with standalone revenue of Rs. 76,485.32 lakhs (up 36% from Rs. 56,206.92 lakhs) and standalone profit after tax of Rs. 12,057.88 lakhs, more than doubling from Rs. 5,724.16 lakhs in the previous year. The Board re-appointed M/s E Sateesh Reddy & Associates as Internal Auditors and M/s G H Reddy & Associates as Cost Auditors for FY2026-2027. Ms. Rukhya Parveen resigned as Company Secretary & Compliance Officer effective May 31, 2026, with Mr. G. Seshadri Vasan appointed to the role from June 1, 2026. The Board recommended a final dividend of Rs. 0.25 per share. Key corporate actions during the year included acquisition of IDL Explosives Limited for Rs. 10,700 lakhs and issuance of share warrants.

Likely market impact

The resignation of the Company Secretary represents a key management change ahead of the new financial year. Strong financial performance with PAT more than doubling signals healthy business growth.